Rajesh Power Services gets MGVCL orders worth Rs. 471.92 Crores (incl. taxes)
Rajesh Power · Other Utilities
What the filing says
- Orders from Madhya Gujarat Vij Company Limited to convert 11kV Overhead Line to Medium Voltage Covered Conductor (MVCC) and Under Ground Network in Gujarat
- Size of the orders is Rs. 471.92 Crores (Incl. Taxes); time period for execution is 18 Months
- Domestic turnkey contracts under MGVCL Under S I Scheme Robust-III; no promoter interest and not a related party transaction
Why it's rated notable: The awarded order of Rs. 471.92 Crores is about 29% of the stated annual revenue of ₹1,628 crore, which meets the high threshold of a tenth or more of annual revenue.
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
