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K&R RAIL ENGINEERING LIMITED — Capital/Financing Update 2024
Jul 16, 2024
59363_rns_2024-07-16_1f857a50-3fbc-4ac0-8088-913edc0d8f42.pdf
Capital/Financing Update
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Date: 16-07-2024
To BSE Limited, Phiroze Jeejeebhoy Toweres, Dalal Street, Fort, Mumbai-400001.
Dear Sir/Madam,
Unit: K&R Rail Engineering Limited (BSE Scrip Code: 514360)
Sub:- Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Work Order No. KCP/CPU-II/PROJ-RAILWAY SIDING/WO-001/23-24 dated 25.06.2024 obtained by K&R Rail Engineering Limited from The KCP Limited, Cement Production Unit-II, Ramakrishnapuram, Muktyala (Village), Jaggayyapet (Mandal), NTR District, Andhra Pradesh-521175.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), this is to inform the Exchange that the Company has Obtained Work Order No. KCP/CPU-II/PROJRAILWAY SIDING/WO-001/23-24 dated 25.06.2024 for a value of Rupees 450 Million from The KCP Limited, Cement Production Unit-II, Ramakrishnapuram, Muktyala (Village), Jaggayyapet (Mandal) , NTR District, Andhra Pradesh-521175 for Construction of Railway Siding Facilities on EPC/Turnkey basis for Construction of Railway Siding Facilities on EPC/Turnkey basis for Rail Connectivity, for loading of Cement, Unloading of Imported Coal & Gypsum and loading of Clinker as a future provision for their Cement Unit-II at Muktyala Village, Jaggayyapet Mandal, NTR Dist, Andhra Pradesh in Secunderabad Division of South Central Railway.
The details as required under Regulation 30 of the Listing Regulations read with SEBI circular No.CIR/CFD/CMD/4/2015 dated September 09, 2015 is attached herewith as “Annexure 1”.
This is for the information and records of the Exchange, please.
Thanking you,
Yours Sincerely, For K&R Rail Engineering Limited,
Digitally signed by MANGAVALLY MANGAVALLY NARASIMHAM NARASIMHAM Date: 2024.07.16 15:49:34 +05'30'
N. Narasimham Company Secretary
Annexure 1
| Name of the entity awarding the order(s)/contract(s): | M/s. The KCP Limited. |
|---|---|
| Significant terms and conditions of order(s)/contract(s) awarded in brief; |
Construction of Railway Siding Facilities on EPC/Turnkey basis for Rail Connectivity, for loading of Cement, Unloading of Imported Coal & Gypsum and loading of Clinker as a future provision for their Cement Unit-II at Muktyala Village, Jaggayyapet Mandal, NTR Dist, Andhra Pradesh in Secunderabad Division of South Central Railway. |
| Whether order(s) / contract(s) have been Awarded by domestic/international entity |
Domestic Entity |
| Nature of order(s) / contract(s); | Construction of Railway Siding Facilities on EPC/Turnkey basis for Rail Connectivity, for loading of Cement, Unloading of Imported Coal & Gypsum and loading of Clinker as a future provision for their Cement Unit-II at Muktyala Village, Jaggayyapet Mandal, NTR Dist, Andhra Pradesh in Secunderabad Division of South Central Railway |
| Whether domestic or international | Domestic |
| Time period by which the order(s)/contract(s) is to be executed |
9 months |
| Broad consideration or size of the | Rupees 450 Million |
| Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof |
No |
| Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at “arms length” the same is done at “arms length” |
No-Does not fall in Related Party Transactions. |