Sharika Enterprises Receives Rs. 2.12 Crore Order from LS Cable
Filing Summary
Sharika Enterprises Ltd has received a purchase order from LS Cable India Private Limited. The order is for the supply of 24F/48F OPGW Cable, valued at Rs. 2,12,92,820. The contract is domestic and is not a related party transaction. The completion timeline for the order is four weeks. This update was disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements. The company has confirmed that neither the promoter group nor group companies have any interest in LS Cable India Private Limited.
Sharika Enterprises Ltd has announced the receipt of a purchase order from LS Cable India Private Limited. The order pertains to the supply of 24F/48F OPGW Cable, with a total consideration of Rs. 2,12,92,820. This information was disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The contract is domestic and is scheduled for completion within a period of four weeks. Sharika Enterprises has clarified that the transaction does not involve any related party interests, and neither the promoter nor the promoter group has any stake in LS Cable India Private Limited.
LS Cable India Private Limited is involved in the production and supply of cable products. The company focuses on providing advanced cable solutions for various industries, including telecommunications and energy sectors.
Sharika Enterprises Ltd is engaged in the business of providing engineering, procurement, and construction services. The company focuses on delivering solutions in the power and infrastructure sectors, aiming to enhance its service offerings and expand its market presence.