Asian Warehousing Limited Secures Food Corporation of India Tender for Warehousing Services Under PWS Scheme-2010

1 min read     Updated on 04 May 2026, 12:31 PM
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AI Summary

Asian Warehousing Limited has been awarded a tender by Food Corporation of India (FCI), Jaipur, under the PWS Scheme-2010 for warehousing services for the storage of foodgrains. The contract covers a total awarded storage capacity of 4060 Metric Tonnes (MT) at an approved rate of ₹7.40 per Qtl per month for storage "with services". The execution timeline is subject to FCI's discretion. The disclosure was made on May 04, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Asian Warehousing Limited has secured a tender awarded by Food Corporation of India (FCI), Jaipur, under the PWS Scheme-2010 for the provision of warehousing services. The company disclosed this development on May 04, 2026, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Contract Details

The tender, awarded by the domestic entity Food Corporation of India, pertains to warehousing services for the storage of foodgrains. The key parameters of the contract are outlined below:

Parameter: Details
Awarding Entity: Food Corporation of India (FCI), Jaipur
Nature of Contract: Warehousing services for storage of foodgrains
Scheme: PWS Scheme-2010
Total Awarded Storage Capacity: 4060 Metric Tonnes (MT)
Approved Rate: ₹7.40 per Qtl per month (for storage "with services")
Domestic / International: Domestic
Execution Timeline: As may be decided by FCI, Jaipur
Related Party Transaction: No
Promoter/Group Interest in Awarding Entity: No

Regulatory Disclosure

The intimation was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The terms and conditions of the contract are as per the provisions of the tender floated by FCI, Jaipur, with the execution timeline to be determined by FCI. The company has confirmed that the contract does not constitute a related party transaction and that no promoter, promoter group, or group company holds any interest in the awarding entity.

The disclosure was signed by Bhavik Bhimjyani, Chairman & Managing Director of Asian Warehousing Limited (DIN: 00160121), on May 04, 2026.

How might this FCI contract impact Asian Warehousing Limited's revenue trajectory, and could it serve as a springboard for securing larger-capacity tenders in the future?

Given the execution timeline is at FCI's discretion, what operational and financial risks does Asian Warehousing face if deployment is significantly delayed?

With India's focus on expanding food storage infrastructure, how competitive is the ₹7.40 per Qtl per month rate compared to industry benchmarks, and could margin pressure emerge at renewal?

Asian Warehousing Limited Designates Key Managerial Personnel for Regulatory Disclosure Authority

1 min read     Updated on 23 Apr 2026, 04:27 PM
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Asian Warehousing Limited has designated key managerial personnel for regulatory compliance under SEBI regulations. Mr. Bhavik Bhimjyani, Chairman and Managing Director, has been authorized for materiality determination, while three personnel including Mr. Bhimjyani, Ms. Sony Pavanan (Company Secretary), and Mr. Vishnu Singh (CFO) are authorized for disclosure purposes. This designation ensures compliance with Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Asian warehousing Limited has formally designated key managerial personnel with authority to determine materiality of events and make regulatory disclosures under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated this designation to BSE Limited on April 23, 2026, ensuring compliance with regulatory requirements for material event disclosure.

Authority for Materiality Determination

The company has appointed a single key managerial personnel for determining the materiality of events or information requiring disclosure:

Name Designation Contact Details
Mr. Bhavik Bhimjyani Chairman and Managing Director 508, Dalamal House, J.B.Marg, Nariman Point, Mumbai, Maharashtra, India, 400021; Tel: 022-22812000; Email: info@asianw.com

Authority for Regulatory Disclosure

For the purpose of making disclosures to stock exchanges, the company has designated three key managerial personnel:

Name Designation
Mr. Bhavik Bhimjyani Chairman and Managing Director
Ms. Sony Pavanan Company Secretary and Compliance Officer
Mr. Vishnu Singh Chief Financial Officer

Mr. Bhavik Bhimjyani serves dual roles, being authorized for both materiality determination and disclosure purposes. His complete contact details include the company's registered address at 508, Dalamal House, Jamnalal Bajaj Marg, Nariman Point, Mumbai 400021, with telephone number 022-22812000 and email info@asianw.com .

Regulatory Compliance Framework

This designation fulfills the requirements under Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulation mandates that listed companies must designate specific personnel responsible for:

  • Determining the materiality of events or information that require disclosure
  • Making timely disclosures to stock exchanges regarding material events
  • Ensuring compliance with regulatory disclosure obligations

The formal communication was signed by Mr. Bhavik Bhimjyani in his capacity as Chairman and Managing Director, with Director Identification Number 00160121. The company operates under Corporate Identification Number L52100MH2012PLC230719 and maintains its website at www.asianw.com for stakeholder communications.

What material events or strategic developments might Asian Warehousing Limited be preparing to disclose following this governance restructuring?

How will this centralized disclosure authority under Mr. Bhimjyani impact the company's transparency and investor communication strategy going forward?

Could this regulatory compliance enhancement signal Asian Warehousing's preparation for major corporate actions or expansion plans in 2026?

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