Chiraharit Limited Secures ₹9.54 Crore Purchase Order from ICOMM Tele Limited for MCS Supply and Services

Chiraharit Limited has announced receiving a substantial purchase order worth ₹9.54 crore from ICOMM Tele Limited for supply and services of MCS, as disclosed under Regulation 30 of SEBI listing requirements on April 9, 2026.

Order Details and Specifications

The purchase order encompasses the supply of pipe and fittings as per Bill of Quantities (BOQ) with installation and service components included. The contract is entirely domestic in nature and is scheduled for execution within a 10-week timeframe.

Parameter	Details
Awarding Entity	ICOMM Tele Limited
Contract Value	₹9,54,37,131 (Excluding GST)
Nature of Work	Supply and Services of MCS
Location	Andhra Pradesh
Execution Period	10 weeks
Scope	Supply of pipe & fittings with installation/service

Contract Background and Related Transactions

The current purchase order has its origins in a Letter of Award (LOA) that Chiraharit received from Greenko AP01 IREP Private Limited in September 2024. The original LOA, referenced as GAP01/SOLAR/2024 dated September 7, 2024, was valued at ₹10.29 crore. Greenko has now advised its principal contractor, ICOMM Tele Limited, to release the purchase order, effectively converting the LOA into an executable contract.

Regulatory Compliance and Disclosures

The company has confirmed that the contract does not involve any related party transactions and has been awarded at arm's length. Additionally, the promoter, promoter group, or group companies have no interest in ICOMM Tele Limited, the entity awarding the contract.

Compliance Aspect	Status
Related Party Transaction	No
Promoter Interest	No
Contract Type	Domestic
Arm's Length Transaction	Yes

This order represents a significant business development for Chiraharit Limited, demonstrating the company's capabilities in the supply and installation of infrastructure components for solar energy projects in the renewable energy sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+8.71%	+46.67%	+31.81%	-39.09%	-42.11%	-42.11%

Chiraharit Limited has secured a substantial contract worth ₹1,56,62,875 from Newzone India Private Limited, a Torrent Group company, for electromechanical works in a water system project. The company announced this development through a regulatory filing dated March 21, 2026, under SEBI's disclosure requirements.

Contract Details and Scope

The purchase order encompasses supply, erection, testing, and commissioning of electromechanical works for construction and potable drinking water systems. The project will be executed in Madhya Pradesh, marking another significant domestic contract for the company.

Parameter:	Details
Contract Value:	₹1,56,62,875 (excluding GST)
Client:	Newzone India Private Limited (Torrent Group)
Location:	Madhya Pradesh
Nature:	Electromechanical works for water systems
Contract Type:	Domestic

Execution Timeline

The contract comes with specific completion deadlines that demonstrate the project's structured approach. Supply activities must be completed within 2 months from the purchase order issuance date, while service completion, including erection, testing, and commissioning, is scheduled within 4 months from the same date.

Regulatory Compliance

Chiraharit Limited has confirmed that this contract does not involve any related party transactions and operates on arm's length principles. The company's promoter group has no interest in Newzone India Private Limited, ensuring transparent business dealings. The announcement was made pursuant to Regulation 30 of SEBI LODR Regulations and relevant SEBI circulars.

Business Significance

This contract represents a notable addition to Chiraharit Limited's order book, particularly in the water infrastructure segment. The association with Torrent Group through Newzone India Private Limited could potentially open doors for future collaborations in similar infrastructure projects across India.