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Titagarh Rail Systems Ltd - 532966 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of …
BSE India
Pursuant to Regulation 30 read with Schedule III Part A of the SEBI Listing Regulations, we wish to inform you that the Company has received Letter of Acceptance (LOA) dated 27th June, 2023 from the Gujrat Metro Rail Corporation (GMRC) Limited w.r.t " Design , Manufacture, Supply, Testing, Commissioning and Training of 72 nos. of Standard Gauge Cars for Surat Metro Rail Phase-I Project I". The order value is about INR 857 crore and execution would start 76 weeks after signing the contract and is scheduled to be completed in 132 weeks thereafter. The disclosure as required under SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 is attached herewith and marked as Annexure A to this letter. This intimation is also being made available on the website of the Company at www.titagarh.in
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