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ARTSON LIMITED — Capital/Financing Update 2020
Jun 23, 2020
60356_rns_2020-06-23_4ffd3def-cbf3-4123-a706-dacd9d238bd3.pdf
Capital/Financing Update
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ARTSON ENGINEERING LIMITED
(A Subsidiary of Tata Project Limited)
23[rd] June 20
Corporate Relationship Dept., BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400001
Dear Sir,
Sub: Receipt of Award - Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Ref: Security Code: 522134
In compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we are pleased to inform that, the Company has received a Letter of Intent for Rs. 13.45 Crores (Rupees Thirteen Crores and Forty Five Lakhs Only), excluding GST, the details of which are provided hereunder:
| S. No. | Particulars | Response |
| Name of the entity awarding the order(s) | ||
| 1. | / contract(s) /Letterof Intent (LOI) |
Tata Projects Limited |
| Significant terms and conditions of | Mhil Wk Tk d Pii f | |
| 2. | order(s)/contract(s) / Letter of Intent (LOI) awardedinbrief |
ecanca ors (anages an png) or Onshore Terminal of ONGC at Kakinada |
| 3. | Whether order(s) / contract(s) have been awarded by domestic / international |
Domestic. |
| entity | ||
| 4. | Nature of order(s) / contract(s) | Unit Rate Contract |
| 5. | Whether domestic or international | Domestic. |
| 6. | Time period by which the order(s)/contract(s)is to be executed |
6 Months |
| 7. | Broad consideration or size of the order(s) / contract(s) |
13.45 Crs. |
| 8 | Whether the promoter/ promoter group / group companies have any interest in the tit tht dd th |
Y Hldi C |
| . | eny a aware e order(s)/contract(s)? If yes, nature of interest and details thereof. |
es, ong ompany |
| Whether the order(s)/contract(s) would fall within related party transactions? If |
||
| 9. | yes, whether the same is done at “arms length”. |
Yes |
This is for your information and records. Thanking You
Yours Truly For Artson Engineering Limited
Sd/-
Deepak Tibrewal Company Secretary FCS 8925
2[nd] Floor, Transocean House, Lake Boulevard Road, Hiranandani Business Park, Powai, Mumbai – 76, MH, India Tel: +91 22 6625 5600; Fax: +91 22 6625 5614; CIN: U27290MH1978PLC020644; www.artson.net