Chiraharit amends Greenko purchase order to Rs 9.99 Cr

1 min read     Updated on 21 Jul 2026, 08:03 PM
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AI Summary

Chiraharit Limited amended a purchase order from Greenko AP01 IREP Private Limited to ₹9,99,74,325, replacing an earlier order received through ICOMM Tele Limited. The revision follows a Composite EPC Agreement signed on July 14, 2026.

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Chiraharit Limited has amended a purchase order from Greenko AP01 IREP Private Limited to ₹9,99,74,325, replacing an earlier order received through a principal contractor. The revised order was reissued directly to the company following the execution of a Composite EPC Agreement on July 14, 2026, which was received on July 20, 2026. This change impacts the previously reported work order for the supply and services of MCS.

The company had initially secured a Letter of Award (LOA) from Greenko AP01 IREP Private Limited on September 7, 2024, valued at ₹10.29 crore. This LOA was converted into a purchase order and work order via ICOMM Tele Limited on March 24, 2026, for ₹9,54,37,131. The original order was reported to the BSE on April 9, 2026. However, due to internal arrangements by Greenko, the work order has now been reissued directly to Chiraharit Limited, effectively replacing the previous order placed through ICOMM Tele Limited.

Details of the Amendment

The amendment involves a change in the contracting entity and a revision in the order value. The following table outlines the key details of the transaction:

Particulars Details
Name of Parties Greenko AP01 IREP Private Limited and Chiraharit Limited
Nature of Order Supply and Services of MCS
Date of Execution 24 March 2026
Original Order Value ₹9,54,37,131 (Excluding GST)
Amended Order Value ₹9,99,74,325 (Excluding GST)

The disclosure was made to the BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the execution of the orders is currently in process. Pavan Kumar Bang, Managing Director and CEO, signed the intimation regarding this amendment on July 21, 2026.

Historical Stock Returns for Chiraharit

1 Day5 Days1 Month6 Months1 Year5 Years
+7.59%+5.99%-4.49%+6.25%-46.74%-46.74%

What are the primary reasons behind Greenko's internal restructuring that led to the direct reissuance of the order?

How will the increase in order value impact Chiraharit Limited's profit margins for the current fiscal year?

Will this direct engagement with Greenko open doors for future contracts bypassing intermediate contractors?

Chiraharit wins ₹55.99 Lakh order from Tata Power Renewable Energy

1 min read     Updated on 15 Jul 2026, 04:39 PM
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Chiraharit Limited secured a ₹55.99 Lakh purchase order from Tata Power Renewable Energy Limited for supplying pipes and fittings for borewell projects in Maharashtra. The order includes installation services, with delivery scheduled for completion by September 15, 2026. The company confirmed there are no related party interests involved in the transaction.

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Chiraharit Limited has secured a purchase order worth ₹55.99 Lakh from Tata Power Renewable Energy Limited for the supply and services of borewell equipment. The order encompasses the provision of pipes and fittings along with installation services, marking a new business engagement for the company in the renewable energy infrastructure sector. The project is located in Maharashtra and is strictly domestic in nature, with no related party interests involved in the transaction.

The execution timeline requires the submission of drawings within one week from the date of the purchase order, with approval from Tata Power Renewable Energy Limited expected within the subsequent week. The final delivery is mandated within two months from the date of the manufacturing clearance certificate, with a definitive deadline set for September 15, 2026. The contract value excludes Goods and Services Tax (GST).

Order Details

The specifics of the agreement were disclosed to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Managing Director and CEO, Pavan Kumar Bang, confirmed that the promoter group holds no interest in the entity awarding the contract.

Particulars Details
Client Tata Power Renewable Energy Limited
Nature of Order Supply and Services for Borewell
Scope Supply of Pipes & Fittings, Installation/Service
Location Maharashtra
Order Value ₹55.99 Lakh (Excluding GST)
Delivery Deadline September 15, 2026
Related Party Transaction No

Historical Stock Returns for Chiraharit

1 Day5 Days1 Month6 Months1 Year5 Years
+7.59%+5.99%-4.49%+6.25%-46.74%-46.74%

Will this contract pave the way for Chiraharit Limited to secure additional orders within the renewable energy infrastructure sector?

How will the tight initial timeline for drawing submission impact the company's operational resources and margins?

Does the company plan to leverage this project with Tata Power Renewable Energy to target other major utility providers?

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1 Year Returns:-46.74%