Alphalogic Industries Limited, a trusted name in industrial manufacturing and solutions, has added another milestone by securing a Rs. 24.91 lakh contract from Kinetic Watts & Volts Limited. This significant order includes the design, manufacture, supply, and installation of a storage racking system for Kinetic Watts & Volts' facility located in Ahmednagar, Maharashtra.

The announcement was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, showcasing the company’s adherence to regulatory transparency and stakeholder communication.

Details of the Contract

This contract involves Alphalogic Industries delivering a comprehensive storage racking solution, a critical component for optimizing warehouse operations. The scope includes:

• Design and Manufacture: Alphalogic’s team will craft a customized racking system tailored to the specific storage needs of Kinetic Watts & Volts' facility.
• Supply and Installation: The system will be supplied and fully installed by Alphalogic, ensuring seamless integration into the existing infrastructure.

The total value of the project is Rs. 24,91,522.80, inclusive of GST. The execution timeline is set to conclude within this quarter, aligning with the client’s operational objectives.

A Boost for Domestic Industrial Solutions

This contract is a testament to the growing trust in domestic industrial manufacturers like Alphalogic Industries. By providing solutions tailored to local industrial needs, the company strengthens its position as a reliable partner for engineering and infrastructure solutions in India.

Transparency in Compliance

As part of its disclosure under SEBI regulations, Alphalogic Industries confirmed:

• The project was awarded by a domestic entity, Kinetic Watts & Volts Limited.
• There are no related party transactions involved.
• The project is carried out at arm’s length, ensuring transparency and fairness.
• Alphalogic’s promoter group has no financial interest in Kinetic Watts & Volts Limited.
  
  

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Strategic Impact on Alphalogic Industries

Winning this contract reinforces Alphalogic Industries' expertise in delivering state-of-the-art industrial solutions. It highlights the company’s capabilities in handling specialized projects, from design to execution, within tight deadlines. This success is expected to enhance Alphalogic’s portfolio and pave the way for future opportunities in the industrial and manufacturing sector.

About Kinetic Watts & Volts Limited

Kinetic Watts & Volts Limited is a notable player in the industrial sector, recognized for its innovative contributions to energy solutions and infrastructure development. Partnering with Alphalogic Industries for this project aligns with their commitment to operational excellence and efficient infrastructure management.

Implications for the Manufacturing Sector

This project underscores the increasing demand for advanced storage and logistics solutions in India. Efficient storage systems, like the one provided by Alphalogic Industries, are crucial for streamlining operations in manufacturing and logistics hubs.

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This contract win showcases Alphalogic Industries’ ability to deliver customized industrial solutions, contributing to India's Make in India initiative and bolstering its reputation as a leading provider in the domestic market.