Shivalic Power Control Limited recently announced a major milestone by securing a commercial order worth ₹50 Lacs from Hi Technocrafts Pvt. Ltd. This contract marks a significant step in the company's journey as it continues to expand its footprint in the power control sector.

The awarded order signifies Shivalic Power Control's commitment to delivering high-quality services and products. The company has been known for its innovative solutions in the power control industry, and this order reinforces its reputation as a reliable player in the market. The project is scheduled to be completed by February 2025, providing ample time for Shivalic Power Control to execute its plans efficiently.

It's noteworthy that this order has been awarded by a domestic entity, which is a testament to the increasing trust in local companies within the industry. The commercial nature of the order aligns well with Shivalic Power Control's strategic goals and positions the company for future growth.

One of the key aspects of this transaction is that it does not fall under related party transactions. The promoter group has no interests in Hi Technocrafts, ensuring that the transaction is conducted at arm’s length. This transparency is crucial in maintaining stakeholder confidence and adhering to corporate governance standards.

Shivalic Power Control Limited has shown consistent growth in recent years, making it a noteworthy player in the power control domain. As the company prepares for the execution of this order, it is expected to leverage its expertise and operational efficiencies to deliver successful project outcomes.

For those interested in the broader picture, the business landscape in India continues to evolve, with companies like Shivalic Power Control at the forefront. Engaging in projects that not only support their growth but also contribute to the infrastructure development of the country is commendable.

This contract also highlights the importance of domestic partnerships in enhancing the capabilities of companies within India. As the nation focuses on boosting its industrial and manufacturing capabilities, such collaborations are pivotal.

Investors and stakeholders are encouraged to keep a close watch on Shivalic Power Control Limited as it embarks on this significant project. The company's performance in executing this contract will be critical for its future endeavors and growth trajectory.

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In conclusion, Shivalic Power Control Limited is poised for continued success with this recent contract. The future looks bright for companies dedicated to innovation and excellence in service delivery within the power control sector.