Dhara Rail Projects Limited has secured a work order valued at ₹2.13 crore from the Agra Division Electrical for maintenance and repair services. The contract, awarded by the Sr. Divisional Electrical Engineer/TRD, involves the maintenance, repair, and overhauling of components for 4 W and 8 W Tower Wagons in the Agra division of NC Railway. The order duration is set for 24 months, providing sustained revenue for the company.

The total consideration for the order amounts to ₹2,13,55,896.27, inclusive of Goods and Services Tax (GST). The project is strictly domestic in nature, with the client located in Agra, Uttar Pradesh. The company confirmed that the promoter group has no interest in the entity awarding the contract, and the transaction does not fall under related party transactions.

The disclosure was made in compliance with Regulation 30(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Additionally, the filing adheres to the provisions outlined in the SEBI Circular SEBI/HO/CFD/CFDPod-1/P/CIR/2023/123 dated July 13, 2023. The intimation was submitted to the National Stock Exchange of India Limited on June 25, 2026.

Order Details

The Managing Director, Tejas Lalit Mehta, signed the disclosure confirming the receipt of the work order.

Dhara Rail Projects confirmed that its promoters and promoter group did not create any encumbrance on the company's shares during the financial year 2025-26. The disclosure, submitted to the National Stock Exchange of India Ltd., assures stakeholders that no shares were pledged directly or indirectly by the promoters or the Persons Acting in Concert (PAC), other than those previously disclosed.

The confirmation was provided by Tejas Lalit Mehta on behalf of all promoters. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation requires listed companies to disclose any encumbrance of shares by promoters to ensure transparency for investors.

Disclosure Details

The letter addressed to the exchange explicitly stated that no new encumbrances were made during the specified period. The declaration covers all members of the promoter and promoter group.

The document was signed by Tejas Lalit Mehta, identified as a Promoter of Dhara Rail Projects Limited. Copies of the disclosure were also forwarded to the Compliance Officer and the Chairman of the Audit Committee of the company for their records.