Chiraharit Limited Receives ₹1.07 Crore Order from Sterling and Wilson Renewable Energy

1 min read     Updated on 07 Mar 2026, 05:17 PM
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Reviewed by
Radhika SScanX News Team
Overview

Chiraharit Limited has secured a purchase order worth ₹1,06,71,774.71 from Sterling and Wilson Renewable Energy Limited for supply and installation of pipes & fittings in Gujarat. The domestic contract includes both supply and installation services, with execution planned within agreed timelines. The company confirmed this is an arm's length transaction with no related party implications, disclosed in compliance with SEBI regulations on March 7, 2026.

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*this image is generated using AI for illustrative purposes only.

Chiraharit Limited has announced receiving a substantial purchase order from Sterling and Wilson Renewable Energy Limited, marking a significant business development for the Hyderabad-based company. The order, valued at ₹1,06,71,774.71, involves the supply and installation of pipes & fittings, demonstrating the company's capabilities in the renewable energy infrastructure sector.

Order Details and Scope

The contract encompasses comprehensive services including both supply and installation components. The project will be executed in Gujarat, expanding Chiraharit's operational footprint in the western region of India.

Parameter Details
Order Value ₹1,06,71,774.71
Client Sterling and Wilson Renewable Energy Limited
Nature of Work Supply and installation of pipe & fittings
Location Gujarat
Contract Type Domestic
Installation Services Yes

Regulatory Compliance and Disclosure

Chiraharit Limited made this disclosure on March 7, 2026, in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Pavankumar Bang, Managing Director and CEO, ensuring proper corporate governance protocols.

Transaction Independence

The company has confirmed that this order represents an arm's length transaction with no related party implications. Key aspects of the transaction independence include:

  • No promoter or promoter group interest in the awarding entity
  • No related party transaction classification
  • Standard commercial terms and conditions
  • Execution within agreed timeline as per purchase order

Business Impact

This order reinforces Chiraharit's position in the renewable energy infrastructure segment, particularly in pipe and fitting solutions. The contract with Sterling and Wilson Renewable Energy Limited, a prominent player in the renewable energy sector, validates the company's technical capabilities and service delivery standards. The project's scope includes installation services, indicating Chiraharit's comprehensive service offerings beyond mere supply operations.

Historical Stock Returns for Chiraharit

1 Day5 Days1 Month6 Months1 Year5 Years
-1.90%-5.87%-10.77%-54.82%-54.82%-54.82%

Chiraharit Limited Secures ₹69.15 Lakh Order from Tata Power Renewable Energy for Water RO Plant

1 min read     Updated on 04 Feb 2026, 07:11 PM
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Reviewed by
Ashish TScanX News Team
Overview

Chiraharit Limited has secured a purchase order worth ₹69,15,300 from Tata Power Renewable Energy Limited for Water RO Plant (Softner System) supply and services in Rajasthan. The domestic contract includes structured delivery timelines with drawing submissions within 1 week, approval within another week, and final delivery within 45 days from MFC date. The management confirmed no related party transaction implications, marking a significant business development for the Hyderabad-based company in the renewable energy infrastructure sector.

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*this image is generated using AI for illustrative purposes only.

Chiraharit Limited has secured a significant purchase order worth ₹69,15,300 from Tata Power Renewable Energy Limited for the supply and services of Water RO Plant (Softner System). The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details and Specifications

The contract involves the supply of pipes and fittings as per the Bill of Quantities (BOQ) with the delivery location specified as Rajasthan. The order encompasses both supply and services for the Water RO Plant, specifically focusing on the Softner Plant system.

Parameter: Details
Order Value: ₹69,15,300 (Rupees Sixty-Nine Lakh Fifteen Thousand and Three Hundred Only)
Client: Tata Power Renewable Energy Limited
Nature: Supply and Services for Water RO Plant (Softner Plant)
Location: Rajasthan
Contract Type: Domestic

Delivery Timeline and Execution

The company has committed to a structured delivery schedule with specific milestones. Drawing submissions will be completed within 1 week from the date of purchase order issuance. Tata Power Renewable Energy Limited will approve the drawings within 1 week from the date of submission of the complete set of drawings. The final delivery is scheduled within 45 days from the date of Material for Construction (MFC).

Corporate Governance and Compliance

The management has confirmed that this order does not involve any related party transactions and has been executed at arm's length. Additionally, the promoter, promoter group, or group companies have no interest in Tata Power Renewable Energy Limited, the entity that awarded the contract.

Strategic Significance

This domestic contract represents a notable business development for the Hyderabad-based company, demonstrating its capabilities in the water treatment and renewable energy infrastructure sector. The order reinforces Chiraharit Limited's position in providing specialized equipment and services to major power sector companies.

The announcement was made by Managing Director and CEO Pavankumar Bang (DIN: 03614791) through the official regulatory filing to BSE Limited, ensuring full compliance with disclosure requirements.

Historical Stock Returns for Chiraharit

1 Day5 Days1 Month6 Months1 Year5 Years
-1.90%-5.87%-10.77%-54.82%-54.82%-54.82%

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1 Year Returns:-54.82%