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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