Chiraharit Limited has secured a significant purchase order worth Rs. 35.88 lakh from JMRClean Energy Private Limited for supply and installation of module cleaning systems for solar power plants. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details and Scope

The contract encompasses supply, installation, testing and commissioning of module cleaning system for solar power plants as per the Bill of Quantities (BOQ). This domestic order represents a supply and services contract that will enhance the operational efficiency of solar installations through specialized cleaning systems.

Contract Terms and Timeline

The order requires Chiraharit Limited to complete the entire scope of work within 45 days from the date of clearance for mobilisation given by JMRClean Energy Private Limited. The comprehensive nature of the contract includes not just supply but also installation, testing and commissioning services, demonstrating the company's end-to-end capabilities in solar infrastructure solutions.

Corporate Governance Compliance

The company has confirmed full compliance with regulatory requirements regarding this contract. Key governance aspects include:

• No promoter or promoter group interest in the contracting entity
• The order does not fall under related party transactions
• Full disclosure made under SEBI regulations and circular requirements

This order reinforces Chiraharit Limited's position in the renewable energy sector, particularly in providing specialized maintenance and cleaning solutions for solar power installations. The contract value of Rs. 35.88 lakh represents a meaningful addition to the company's order book and demonstrates continued demand for solar infrastructure services in the domestic market.

Chiraharit Limited has announced securing a substantial purchase order from Greenko AP01 IREP Private Limited, marking a significant business development for the Hyderabad-based company. The order, valued at Rs. 36,83,790, involves supply and services for Module Cleaning System components.

Order Details and Specifications

The purchase order encompasses comprehensive supply and service requirements for Module Cleaning System operations. The contract specifically involves supply of pipe and fittings as per the Bill of Quantities (BOQ) provided by the client.

Regulatory Compliance and Disclosure

Chiraharit Limited made this disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company confirmed that this transaction maintains arm's length principles and involves no related party considerations.

Transaction Independence

The company has clarified that neither the promoter, promoter group, nor group companies have any interest in Greenko AP01 IREP Private Limited. Additionally, the order does not fall within the purview of related party transactions, ensuring complete independence in the business arrangement.

Execution Framework

The contract requires swift execution within a tight timeline of 7-10 days from receipt of both the order confirmation and advance payment. This accelerated delivery schedule demonstrates Chiraharit Limited's operational readiness and supply chain capabilities in the renewable energy infrastructure segment.