SK Minerals Secures ₹59.89 Lakh Food Additives Order

Nature of the Event

Disclosure of receipt of a new order, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Quantitative Figures

The total value of the order is Rs. 59,89,680/- (Rupees Fifty-Nine Lakh Eighty-Nine Thousand Six Hundred Eighty Only).

Parties or Entities Involved

The order was awarded to SK Minerals & Additives Limited by a domestic, reputed, and well-established industrial conglomerate with a diversified presence across multiple business segments.

Purpose or Stated Rationale

The order is for the supply of products pertaining to the Company's Food Additives segment. The company states it presents an opportunity to strengthen business relationships, expand market presence, and reinforce its position in the industry.

Financial or Operational Impact

The order size is quantified at ₹59.89 lakh. The company expects the order to contribute to its long-term growth prospects and pursuit of sustainable business growth.

Additional Details

• Execution Timeline: The order is to be executed as per the mutually agreed terms and conditions.
• Domestic/International: The order and the awarding entity are both domestic.
• Related Party Transaction: It is confirmed that this is not a related party transaction. The promoter/promoter group/group companies have no interest in the entity that awarded the order.