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Power Mech Projects Limited — Capital/Financing Update 2025
Mar 28, 2025
60676_rns_2025-03-28_ab053bc8-e2e2-47f4-8522-999f26e31a1c.pdf
Capital/Financing Update
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Date: March 28, 2025
To To Listing Department Dept. of Corp. Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 Symbol/Security ID: POWERMECH Security Code: 539302
Dear Sir/Madam,
Sub: Receipt of order *
We are delighted to announce that our Company has secured a ₹972.135 crores (excluding GST) order from National Highways Authority of India for Construction of 4 laning Bypass to NH-114A Connecting NH-333 and NH-133 (Deoghar Bypass) from design km 0.000 to design Km 49.000 (Total Length - 49.000 km) in the state of Jharkhand on Hybrid Annuity mode.
The details as required under the SEBI Master Circular No. SEBI/HO/CFD/PoD2/ CIR/P/ 2023/120 dated July 11, 2023, are given in the enclosed as Annexure-I.
This is for your kind information and dissemination to the public at large.
For Power Mech Projects Limited
Digitally signed by MOVVA MOVVA RAGHAVENDRA RAGHAVENDRA PRASAD PRASAD Date: 2025.03.28 18:45:41 +05'30' M. Raghavendra Prasad Company Secretary and Compliance Officer M. No.: A41798 Encl: as above
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Annexure-I
| S.No | Particulars | Details |
|---|---|---|
| A | Name of the entity awarding order(s)/Contract(s) |
National Highways Authority of India |
| B | Significant terms and conditions of order(s)/ contracts(s) awarded in brief |
Construction of 4 laning Bypass to NH-114A Connecting NH-333 and NH-133 (Deoghar Bypass) from design km 0.000 to design Km 49.000 (Total Length - 49.000 km) in the state of Jharkhand on Hybrid Annuity mode on the terms and conditions set forth in the RFP documents and the subsequent addendum/corrigendum issued. |
| C | Whether order(s)/contract(s) have been awarded by domestic/ international entity |
Domestic Entity |
| D | Nature of order(s)/ Contract(s) |
Construction of 4 laning Bypass to NH-114A Connecting NH-333 and NH-133 (Deoghar Bypass) from design km 0.000 to design Km 49.000 (Total Length - 49.000 km) in the state of Jharkhand on Hybrid Annuity mode. |
| E | Whether domestic or international |
Domestic |
| F | Time period by which the order(s)/contract(s) is to be executed |
24 months from the appointed date |
| G | broad consideration or size of the order(s)/contract(s) |
₹972.135 crores (excluding GST) |
| H | Whether 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 |
| I | Whether the order(s)/ contract(s) would fall within related party transactions? If yes, whether the same is done at “arm’s length” |
No |
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