Shayona Engineering Limited has announced the receipt of a new Service Order worth ₹4,00,00,000/- (Rupees Four Crore Only), excluding GST. The order is for Engineering Review & Technical Consultancy Services from a domestic customer. While the customer’s name is kept confidential due to contractual obligations, the order spans a period of 6 months from its commencement date of August 31, 2026, and is valid until March 31, 2027.
Shayona Engineering Secures New Service Order
Shayona Engineering Limited has officially received a Service Order from a domestic customer, signifying continued business momentum. The order, valued at ₹4,00,00,000/- (Rupees Four Crore Only) before the addition of 18% GST, pertains to specialized Engineering Review & Technical Consultancy Services.
Scope and Duration of Services
The scope of work includes a comprehensive review of engineering philosophy and design criteria, applicable codes and standards, engineering inputs, technical specifications, design calculations, and equipment selection. The services also involve identifying technical gaps and recommending optimizations. The consultancy is expected to be completed within 6 months from the date of the Letter of Intent (LOI). The contract order is valid from August 28, 2026, to March 31, 2027.
Confidentiality and Payment Terms
The name of the customer has not been disclosed in this intimation due to contractual confidentiality agreements. Shayona Engineering stated that these details may be furnished to regulatory authorities if specifically required, subject to applicable confidentiality safeguards. The payment terms stipulate an advance of 25% of the contract value, with the remaining 75% to be paid based on the achievement of specified milestones.
Source: BSE
