Power Mech Projects Limited — Capital/Financing Update 2024

Aug 2, 2024

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Date: 02.08.2024

To Corporate Relations Department, BSE Limited, P.J.Towers, Dalal Street, MUMBAI- 400001

To

National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (E), MUMBAI-400051

Dear Sir/Madam,

Sub: Receipt of order worth Rs. 142.50 Crores

Ref: BSE Scrip Code: 539302, NSE Symbol: POWERMECH

We are pleased to inform that the Company has received an order worth Rs. 142.50 Crores as detailed below:

Revival of Phase II (2 x 350 MW) of Meenakshi Energy Limited, located at Nellore district, Andhra Pradesh.

The details as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 are given in the enclosed Annexure – I

Further, in continuation with earlier intimation regarding the closure of Trading Window, the trading window is already being closed from 01.07.2024 and will continue to remain closed until completion of 48 hours after declaration of un-audited financial results of the Company for the first quarter ended 30.06.2024.

This is for your information and dissemination to the general public at large.

Sincerely,

For Power Mech Projects Limited

Digitally signed by Sajja Sajja Kishore Kishore Babu Babu Date: 2024.08.02 16:53:11 +05'30' Sajja Kishore Babu Chairman and Managing Director DIN:00971313

Encl:A/a

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Annexure-I

S.No	Particulars	Details
A	Nameoftheentityawarding	Meenakshi Energy Limited
	order(s)/Contract(s)
B	Significant terms and conditions of	Revival of Phase II (2 x 350 MW) of
	order(s)/contracts(s) awarded in brief	Meenakshi Energy Limited, located at
		Nellore district , Andhra Pradesh.
C	Whether order(s)/contract(s) have been	Domestic
	awarded by domestic/ international
	entity
D	Nature of order(s)/Contract(s)	Revival of Phase II (2 x 350 MW) along
		with erection, testing and Commissioning
		of Power plant.
E	Whether domestic or international	Domestic
F	Timeperiodbywhichthe	8 months
	order(s)/contract(s) is to be executed
G	broad consideration or size of the	Rs. 142.50 Crores
	order(s)/contract(s)
H	Whether promoter/ promoter group/	No
	group companies have any interest in
	theentitythatawardedthe
	order(s)/contract(s)? if yes, nature of
	interest and details thereof
I	Whether the order(s)/contract(s) would	No
	fall within related party transactions? If
	yes, whether the same is done at “arm’s
	length”

Digitally signed by Sajja Sajja Kishore Kishore Babu Babu Date: 2024.08.02 16:53:36 +05'30'

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