Chiraharit wins orders worth ₹94.69 Lakhs from Zetwerk
Chiraharit Limited has received two purchase orders from Zetwerk Manufacturing Businesses Limited for the supply and installation of pipes and fittings for solar module cleaning systems. The orders are valued at ₹48.21 Lakhs and ₹46.48 Lakhs excluding GST, respectively, and are to be executed in Maharashtra. The company confirmed that these are domestic transactions conducted at arm's length with no related party interests.
*this image is generated using AI for illustrative purposes only.
Chiraharit Limited has secured two purchase orders from Zetwerk Manufacturing Businesses Limited for the supply and installation of pipes and fittings for solar module cleaning systems. The orders, valued at ₹48.21 Lakhs and ₹46.48 Lakhs excluding GST, were awarded under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The contracts involve the supply of pipes and fittings as per the bill of quantities (BOQ) and include installation services. The location of supply is designated as Maharashtra, and the orders have been classified as domestic transactions. The delivery schedule will be executed as per the specific purchase and service orders issued by the client.
Order Details
The following table summarises the key details of the purchase orders secured by Chiraharit Limited:
| Particulars | Order 1 Details | Order 2 Details |
|---|---|---|
| Client Name: | Zetwerk Manufacturing Businesses Limited | Zetwerk Manufacturing Businesses Limited |
| Nature of Order: | Supply and Installation of Pipes and Fittings for Solar Module Cleaning System | Supply and Installation of Pipes and Fittings for Solar Module Cleaning System |
| Order Value: | ₹48.20,950 (Excluding GST) | ₹46.48,350 (Excluding GST) |
| Location: | Maharashtra | Maharashtra |
| Scope: | Supply of Pipe & Fittings, Installation/Service | Supply of Pipe & Fittings, Installation/Service |
| Entity Type: | Domestic | Domestic |
The disclosure confirmed that the promoters, promoter group, or group companies of Chiraharit Limited hold no interest in Zetwerk Manufacturing Businesses Limited. Furthermore, the transactions do not fall under related party transactions and are conducted at arm's length.
Historical Stock Returns for Chiraharit
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -6.84% | -23.89% | -8.03% | -50.50% | -50.50% |
What is the expected timeline for the completion of these orders and their impact on Chiraharit's revenue for the current fiscal year?
Could these orders lead to a long-term partnership with Zetwerk for future solar infrastructure projects?
How will Chiraharit manage the operational logistics and resource allocation to meet the delivery schedule in Maharashtra?
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