NACDAC Infrastructure Limited has announced the receipt of new purchase orders in the ordinary course of business. These orders, awarded by Godrej Properties Limited, amount to a total of ₹3,34,29,990 (Rupees Three Crore Thirty Four Lakh Twenty Nine Thousand Nine Hundred Ninety), inclusive of GST. The company will undertake site civil infra works as part of these new contracts, which are expected to be completed within 4 months.
New Business Secured by NACDAC Infrastructure
NACDAC Infrastructure Limited has been awarded new purchase orders from Godrej Properties Limited, marking a significant addition to its current business pipeline. The total value of these orders, including Goods and Services Tax (GST), stands at ₹3,34,29,990 (Rupees Three Crore Thirty Four Lakh Twenty Nine Thousand Nine Hundred Ninety).
Scope of Work and Timeline
The awarded contracts pertain to Site Civil Infra Works at the Godrej DMIC project. These orders are considered domestic in nature. NACDAC Infrastructure Limited has committed to executing these projects as per the terms outlined in the respective Purchase Orders (PO). The company anticipates completing these assignments within a timeframe of 4 months from the date of award.
Financial Details of the Contracts
The broad consideration for these contracts is broken down into the basic order value and GST. The basic value of the orders is ₹2,83,30,500 (Rupees Two Crore Eighty Three Lakhs Thirty Thousand Five Hundred). An additional 18% GST of ₹50,99,490 (Rupees Fifty Lakhs Ninety Nine Thousand Four Hundred Ninety) has also been levied on these orders. There is no interest from promoters or promoter group entities in the entity that awarded these contracts, and these are not considered related party transactions.
Source: BSE
