Power & Instrumentation (Gujarat) Limited bags ₹21.39 crore work order from ATS Techno Limited
PIGL secured a ₹21.39 crore work order from ATS Techno Limited for factory shed design, supply, installation, testing, commissioning, and client handling over in Gujarat, to be executed in 12 months.
The order value of ₹21.39 crore is substantial and will add to the company's order book, contributing positively to its financial performance over the next 12 months. However, the exact percentage increase to total revenue or net profit is not specified, hence a medium impact.
The company has received a significant new work order, indicating business growth and potential for increased revenue.
* Power & Instrumentation (Gujarat) Limited has received a work order worth ₹21,39,34,615 (Twenty one Crore thirty nine lacs thirty four thousand six hundred fifteen Only), including taxes. * The order is from M/s ATS Techno Limited. * The scope of work includes design, supply, installation, testing, commissioning, and client handling over of factory shed nos. 9, 10, & 11 at Star Platinum Industrial Park, Gam Kuha, Ahmedabad Indore highway, Daskoi, Kuha Ahmedabad, Gujarat. * The entity awarding the order, ATS Techno Limited, is a domestic entity. * The time period for the execution of this order is 12 months. * There is no promoter/promoter group/group company interest in ATS Techno Limited, and the transaction does not fall under related party transactions.
What to do with a filing like this
Power & Instrumentation (Gujarat) Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Power & Instrumentation (Gujarat) Limited. Read the original for the full detail.