Mazda Ltd Secures Rs. 29 Crore Order for Evaporator Systems
Filing Summary
Mazda Ltd has received an order valued at Rs. 28.75 Crore, excluding tax, for the supply of Multi Effect Evaporator System and Agitated Thin Film Dryer. The order was placed by a leading waste management company. The contract specifies a completion timeline of eight months from the approval of technical drawings and documents. This transaction does not involve any related party transactions, and there is no interest from the promoter group in the awarding entity. The order is domestic in nature, focusing on manufacturing and supply.
Mazda Ltd has announced the receipt of an order worth Rs. 28.75 Crore for the supply of a Multi Effect Evaporator System and Agitated Thin Film Dryer. The order was placed by a leading waste management company. This disclosure was made in compliance with Regulation 30 of the SEBI Listing Regulations.
The order involves the manufacture and supply of the specified systems. The contract is domestic, with a stipulated execution period of eight months following the approval of technical drawings and documents. The order does not constitute a related party transaction, and there is no interest from the promoter or promoter group in the entity awarding the contract.
The transaction details are provided in accordance with the SEBI circulars dated July 13, 2023, and November 11, 2024. These circulars outline the necessary disclosures for such transactions under the SEBI Listing Regulations.
The waste management company, which placed the order, focuses on providing solutions for waste treatment and management. The company aims to enhance its operational efficiency through the integration of advanced systems like the Multi Effect Evaporator and Agitated Thin Film Dryer.
Mazda Ltd specializes in the design and manufacture of engineering products, including evaporators and dryers. The company is committed to expanding its market presence by securing significant orders in the industrial equipment sector. Mazda Ltd continues to focus on delivering high-quality products to meet the demands of its clients.