Core Announcement – Order Details
Awarding Entity: Leading Multinational Corporation (name not disclosed)
Domestic/International Order: International Order (United States of America)
Nature of Order/Contract: Supply of TDPS design 2-Pole generators for gas turbine applications
Order Value: Approximately ₹192 crores
Materiality Context: Described as "prestigious order" and "significant foray into the global 2-Pole generator market"
Execution Timeline: Deliveries scheduled between August 2027 and January 2028
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No. The company confirms that none of the promoters/promoter group/group companies have any interest in the multinational company that awarded the order. The order does not fall within the purview of related party transactions.
Promoter Group Involvement: No involvement confirmed
Financial Implication: Not Specified