KHFM Hospitality & Facility Management Services Limited has announced the receipt of two significant orders that will significantly contribute to its ongoing business growth. The first order is from Pondicherry University, where KHFM will provide catering services for the university’s hostel messes, and the second order is from State Bank of India (SBI) for facility management services, including housekeeping, horticulture, and electrical work.

Pondicherry University Catering Services (Rs. 45 Crore)

KHFM has received an order to provide catering services at Pondicherry University. The contract, worth Rs. 45 Crore, spans a period of 3 years, with the possibility of extension for an additional 2 years based on mutual consent and performance evaluation. The contract involves developing the kitchen and catering facilities, including providing state-of-the-art equipment for the university's hostel messes. KHFM will supply meals—breakfast, lunch, dinner, snacks, and beverages—to hostel residents across five locations within the university.

The order requires the contractor to design and install modern kitchen equipment, procure raw materials, and manage cooking and serving meals to both boys' and girls' hostel residents. This project is a notable addition to KHFM's expanding catering services portfolio in the educational sector, marking a significant step in its growth trajectory.

SBI Facility Management Services (Rs. 5.3 Crore)

The second order involves providing comprehensive facility management services for State Bank of India (SBI). This contract is valued at Rs. 5.3 Crore and has a duration of 1 year. Under this agreement, KHFM will offer a range of services, including housekeeping, horticulture services, pest control, and the operation and maintenance (O&M) of electrical systems at SBI's locations.

This contract also includes the provision of daily site inspections of various installations, including electrical wiring, UPS systems, and drainpipes, with repair and replacement services for faulty parts at no additional charge to the bank. KHFM is tasked with ensuring the proper functioning of these installations and ensuring a high standard of cleanliness and maintenance across SBI’s office facilities.

Regulatory Compliance and Non-Related Party Transactions

As required by SEBI (LODR) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, KHFM confirms that neither the promoters nor the promoter group have any interest in the entities awarding the orders. Both the Pondicherry University and SBI contracts are also confirmed not to fall under the category of related party transactions, ensuring full compliance with SEBI norms.

Summary of the Two Orders:

1. Pondicherry University Catering Services:

   • Order Value: Rs. 45 Crore

   • Duration: 3 years (extendable by 2 years)

   • Nature of Work: Kitchen and catering services for hostel residents across five locations.

   • Domestic Entity: Pondicherry University

2. SBI Facility Management Services:

   • Order Value: Rs. 5.3 Crore

   • Duration: 1 year

   • Nature of Work: Housekeeping, horticulture, and electrical system maintenance at SBI offices.

   • Domestic Entity: State Bank of India

Implications for KHFM:

These two contracts are a major boost for KHFM Hospitality, marking significant steps in the company’s efforts to expand its footprint in both catering services and facility management. The contracts with Pondicherry University and State Bank of India affirm the company’s capability to deliver large-scale services to prominent institutions, strengthening its market position.

As KHFM continues to pursue growth opportunities across various sectors, these contracts are expected to enhance the company’s overall revenue and brand presence, positioning it for further success in the hospitality and facility management industries.

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