Sharika Enterprises Limited has announced the receipt of a significant purchase order from LS Cable India Private Limited. The order is for the supply of 24F & 48F OPGW Cable, valued at Rs. 1,78,01,789/- (Rupees One Crore Seventy-Eight Lakh One Thousand Seven Hundred Eighty-Nine only). This contract is expected to be completed by September 14, 2026, contributing positively to the company’s revenue streams.
Major Contract Awarded
Sharika Enterprises Limited has been awarded a substantial purchase order by LS Cable India Private Limited. This agreement signifies a key business development for the company, highlighting its role in the supply chain for specialized cabling solutions.
Order Details and Value
The purchase order is specifically for the supply of 24F & 48F OPGW Cable. The total consideration for this contract amounts to Rs. 1,78,01,789/-, which translates to approximately ₹1.78 crore. This figure represents a notable revenue stream for Sharika Enterprises.
Contract Completion and Parties Involved
The contract specifies that the supply is to be completed by September 14, 2026. The transaction has been classified as a domestic contract, and neither the promoter, promoter group, nor any group companies have any interest in LS Cable India Private Limited, nor does it fall within related party transactions.
Source: BSE