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Polycab India Limited — Capital/Financing Update 2024
Nov 6, 2024
61384_rns_2024-11-06_0f221783-cfaa-4d8c-af40-beee91e727da.pdf
Capital/Financing Update
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Date: 06[th] November 2024
To To Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, C-1, G-Block, Bandra-Kurla Complex Dalal Street, Mumbai, MH - 400001 Bandra (E), Mumbai, MH - 400051
Scrip Code: 542652 Scrip Symbol: POLYCAB ISIN: INE455K01017
Dear Sir(s) / Madam(s),
Subject: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 – Polycab India Limited (‘the Company’) emerges as the Lowest Bidder (L1) from Bharat Sanchar Nigam Limited (BSNL)
With reference to the captioned subject and in continuation to the earlier intimation sent to the Stock Exchanges today i.e.06[th] November 2024, please be informed that Polycab India Limited (‘the Company’) once again emerges as the Lowest Bidder (L1) from Bharat Sanchar Nigam Limited (BSNL) for “Development (Creation, Upgradation and Operation & Maintenance) of Middle mile network of Bharat Net on Design Build Operate and Maintain (DBOM) Model” for package 7 (Bihar) amounting ₹1549,66,31,902.36/- (inclusive of GST) (Indian Rupees One Thousand, Five Hundred and Forty-Nine Crores Sixty-Six Lakhs Thirty-One Thousand Nine Hundred Two and Thirty Six Paise only).
For the sake of clarity, please refer the below table:
| S.No. | Particulars | Amount in INR (inclusive of GST) |
Remark |
|---|---|---|---|
| 1 | Package 4 (Karnataka, Goa and Puducherry) | 4099,69,75,635.30 | Intimated to Stock Exchanges today i.e. 06thNovember 2024 around 09.00 a.m. |
| 2 | Package 7 (Bihar) | 1549,66,31,902.36 | New Intimation |
| Total | 5649,36,07,537.66 |
Declaration as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Annexure- A
Kindly take the same on your record. Thanking you
Yours Faithfully
For Polycab India Limited
Digitally signed by MANITA CARMEN ALBERT GONSALVES DN: c=IN, postalCode=400104, st=MAHARASHTRA, street=FLAT NO 8BUILDING NO 9PIRAMAL NAGAR S V MANITA ROADMUMBAIBESIDES PATEL PETROL PUMP 400104, l=MUMBAI, o=Personal, title=9350, serialNumber=e9923616fb581748338360a9dcca7ddbef5 CARMEN ALBERT 3792338962e492591c02f91606f5f, pseudonym=935020230512111157429, 2.5.4.20=d6b37cc9b008ba4c44a5e26aead891e74cc85aea 24a8e6ad4562fa78a0802a6d, GONSALVES [email protected], cn=MANITA CARMEN ALBERT GONSALVES Date: 2024.11.06 21:41:18 +05'30'
_______
Manita Carmen A. Gonsalves
Company Secretary and Vice President-Legal
Membership No.: A18321
Address: #29, The Ruby, 21[st] Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai, MH-400028 Encl: as above
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Registered Office: Corporate Office: Unit 4, Plot No 105, Halol Vadodara Road Polycab India Limited Village Nurpura, Taluka Halol, CIN: L31300GJ1996PLC114183 Panchamahal, Panch Mahals, Gujarat #29, The Ruby, 21st Floor, Senapati Bapat Marg, 389 350 Tulsi Pipe Road, Dadar (West), Mumbai 400 028 Tel: 2676- 227600 / 227700 Tel: +91 22 6735 1400
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Annexure A
Declaration as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P /CIR/2023/123 dated July 13, 2023 are as under
| Sr.No. | Particulars | Details of the Project |
|---|---|---|
| 1 | Name of the entity awarding the order(s) / contract (s); |
Bharat Sanchar Nigam Limited (BSNL) |
| 2 | Significant terms and conditions of order(s)/contract(s) awarded in brief |
General Contract Conditions |
| 3 | Whether order(s) / contract(s) have been awarded by domestic/ international entity |
Domestic Entity |
| 4 | Nature of order(s) / contract(s); | Development (Creation, Upgradation and Operation & Maintenance) Of Middle mile network of Bharat Net on Design Build Operate and Maintain (DBOM) Model-Package 7 (Bihar) |
| 5 | Whether domestic or international; | Domestic |
| 6 | Time period by which the order(s) / contract(s) is to be executed |
Three (03) Years for construction and 10 years of Maintenance Contract @ 5.5% per annum of capex for 1st5 years & @ 6.5% per annum of capex for next 5 years |
| 7 | Broad consideration or size of the order (s) / contract (s); |
₹1549,66,31,902.36/- (inclusive of GST) (Indian Rupees One Thousand, Five Hundred and Forty- Nine Crores Sixty-Six Lakhs Thirty-One Thousand Nine Hundred Two and Thirty Six Paise only) |
| 8 | 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 |
| 9 | Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at"arm's length". |
No |
For Polycab India Limited
MANITA Digitally signed by MANITA CARMEN ALBERT GONSALVES DN: c=IN, postalCode=400104, st=MAHARASHTRA, street=FLAT NO 8BUILDING NO 9PIRAMAL NAGAR S V ROADMUMBAIBESIDES PATEL PETROL PUMP 400104, CARMEN l=MUMBAI, o=Personal, title=9350, serialNumber=e9923616fb581748338360a9dcca7ddb ef53792338962e492591c02f91606f5f, ALBERT pseudonym=935020230512111157429, 2.5.4.20=d6b37cc9b008ba4c44a5e26aead891e74cc85 aea24a8e6ad4562fa78a0802a6d, [email protected], GONSALVES cn=MANITA CARMEN ALBERT GONSALVES Date: 2024.11.06 21:42:05 +05'30'
_______ Manita Carmen A. Gonsalves Company Secretary and Vice President-Legal Membership No.: A18321
Address: #29, The Ruby, 21[st] Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai, MH-400028
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Registered Office: Unit 4, Plot No 105, Halol Vadodara Road Village Nurpura, Taluka Halol, Panchamahal, Panch Mahals, Gujarat 389 350 Tel: 2676- 227600 / 227700
Corporate Office: Polycab India Limited CIN: L31300GJ1996PLC114183 #29, The Ruby, 21st Floor, Senapati Bapat Marg, Tulsi Pipe Road, Dadar (West), Mumbai 400 028 Tel: +91 22 6735 1400