Shayona Engineering: Secures ₹2.5 Crore Engineering Services Order

Shayona Engineering Limited has announced the receipt of a new service order valued at ₹2,50,00,000/- (Rupees Two Crore Fifty Lakhs Only) before GST. The order is for Engineering Review and Technical Consultancy Services from a domestic customer. The company confirmed the receipt of this order on August 31, 2026, as per SEBI regulations, highlighting its ongoing business operations and contract wins in the engineering sector.

New Service Order Secured

Shayona Engineering Limited has officially received a significant service order from a domestic client. The order, classified as for Engineering Review and Technical Consultancy Services, represents a key development in the company’s ongoing business activities. The financial value of this order is substantial, amounting to ₹2,50,00,000/- (Rupees Two Crore Fifty Lakhs Only), exclusive of the 18% GST. This contract is a testament to the company’s expertise and service offerings in the engineering domain.

Order Details and Compliance

The order was received by the company on August 31, 2026, at 16:04:00 pm IST. Shayona Engineering is obligated to execute this contract within 6 months from the date of the relevant letter of intent (LOI) or revised contract (RC). The customer’s name has been withheld due to contractual confidentiality agreements. Shayona Engineering has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The payment terms involve a 25% advance against a proforma invoice, with the remaining 75% payable within 7 days of agreed milestones, ensuring a structured financial arrangement for the project.

Source: BSE

Previous Article

The Phoenix Mills: India Ratings Upgrades Bank Loan Facilities to AA+/Stable