Techknowgreen Solutions Limited, a company specializing in environmental services, has announced a significant business development that underscores its growing presence in the environmental consultancy sector.

Contract Details

Techknowgreen Solutions has been awarded a sub-contract work order valued at Rs 1.40 crore from Anaya Consultancy Services. This contract is for obtaining a time limit extension based on Environmental Clearance for plots D-31 and D-32 in TTC MIDC, Navi Mumbai, with the end user being Amanthin Info Parks Pvt Ltd.

Project Timeline and Payment Structure

The contract is expected to be executed within a timeframe of 6 to 8 months. The payment terms are structured as follows:

Corporate Governance and Transparency

Techknowgreen Solutions has disclosed that Anaya Consultancy Services is a proprietorship owned by the mother of Dr. Aniket Kadam, who serves as the Whole-Time Director and CFO of Techknowgreen Solutions. This transaction qualifies as a related party transaction.

To ensure transparency and compliance with regulations, the transaction was conducted on an arm's length basis. It received necessary approvals from:

• Audit Committee
• Board of Directors
• Shareholders (through a postal ballot)

Market Implications

This contract win demonstrates Techknowgreen Solutions' capabilities in handling environmental clearance processes for projects in the Navi Mumbai area. It also highlights the company's commitment to corporate governance by disclosing related party transactions and securing appropriate approvals.

As environmental regulations continue to evolve, companies like Techknowgreen Solutions are well-positioned to benefit from the growing need for specialized environmental services across various sectors.

Techknowgreen Solutions Limited has announced a significant business development, securing a work order worth Rs 4.74 crore from Indran Logistics Park Pvt Ltd. The contract, which includes GST, involves a crucial conversion project that showcases the company's expertise in regulatory and planning services.

Project Details

The work order, dated August 14, 2025, tasks Techknowgreen Solutions with obtaining the conversion of ILP (Integrated Logistics Park) to IIA (Integrated Industrial Area) for the Khopoli-2 site. This project highlights the company's role in facilitating important industrial transformations and navigating complex regulatory processes.

Timeline and Deliverables

• Project Deadline: September 30, 2025
• Scope: Conversion of ILP to IIA for Khopoli-2 site
• Client: Indran Logistics Park Pvt Ltd (a domestic entity)

Financial Terms

The contract, valued at Rs 4,74,36,000 including GST, comes with a structured payment schedule:

Corporate Governance

Techknowgreen Solutions has confirmed that this contract does not involve any related party transactions or interests from the promoter group. This transparency aligns with the company's commitment to good corporate governance practices.

Market Implications

This new work order represents a significant project for Techknowgreen Solutions, potentially boosting its revenue and showcasing its capabilities in handling complex industrial conversions. The project's success could position the company for similar high-value contracts in the future, particularly in the rapidly evolving logistics and industrial sectors.

Disclosure Compliance

In adherence to regulatory requirements, Techknowgreen Solutions promptly disclosed this development to the BSE on August 22, 2025, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This timely disclosure underscores the company's commitment to transparency and regulatory compliance.

As Techknowgreen Solutions embarks on this significant project, stakeholders will be keenly watching its execution and the potential impact on the company's financial performance in the coming quarters.