SOMI Conveyor Beltings Limited, a leading player in the industrial supply sector, has secured two major orders totaling ₹4864.54 Lakh. These contracts, awarded by NLC India Limited and Maharashtra State Power Generation Co. Ltd., involve the supply of steel cord conveyor belts for critical projects.

Order Details:

The first contract involves supplying 24,300 meters of Steel Cord Conveyor Belt to NLC India Limited, a prestigious Navaratna public sector enterprise. The supply will be made under the specification of 2000mm, ST-3150, Dia 7.6mm, with specific design and grade requirements at a unit rate of ₹19,672.89. This order has a total value of ₹4,780.51 Lakhs and is scheduled to be completed within 7 to 8 months from the date of acceptance of the purchase order (PO).

The second contract is awarded by Maharashtra State Power Generation Co. Ltd., for the supply of 3,000 meters of CHP Conveyor Belt and 750 meters of another variant. This contract has a total value of ₹84.03 Lakhs, with a timeline of 3 to 6 months for completion. The unit rate for the conveyor belts in this contract is ₹1,899.00 per meter.

SEBI Disclosure Requirements:

As per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in compliance with the SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, the company has provided the following additional details regarding the orders secured:

• Entity awarding the contract: Both contracts were awarded by domestic entities. NLC India Limited and Maharashtra State Power Generation Co. Ltd. are major domestic companies.

• Significant terms of the contracts: Both contracts specify the supply of high-grade steel cord conveyor belts with precise material specifications and unit rates.

• Execution timeline: Both contracts have specific timelines, with NLC India requiring 7 to 8 months and Maharashtra State Power Generation Co. Ltd. requiring 3 to 6 months for delivery.

• Interest of promoters or group companies: The promoters or promoter group of SOMI Conveyor Beltings do not have any interest in the entities awarding the contracts.

• Related party transactions: The contracts are not classified as related party transactions and have been executed at arm's length.

Additional Information:

The purchase order number for NLC India is 5200012153, dated March 27, 2025, and the purchase order number for Maharashtra State Power Generation Co. Ltd. is CO01/CHB/4600003655, dated March 29, 2025. Both POs specify the delivery of materials in bulk, with the first order quantity of 24,300 meters and the second order quantity of 3,750 meters.

The company has assured that the contracts will be fulfilled as per the stipulated terms, with required test certifications and inspection details provided as per the guidelines of both NLC India and Maharashtra State Power Generation Co. Ltd.

Conclusion:

This order acquisition reinforces SOMI Conveyor Beltings Limited's reputation as a reliable supplier of conveyor belts, particularly for critical industrial and power generation applications. The company continues to thrive in the domestic market, securing significant contracts with major public sector enterprises like NLC India Limited and Maharashtra State Power Generation Co. Ltd.. This marks another milestone in its journey towards establishing a robust order book and enhancing shareholder value.

For further updates, investors and stakeholders are encouraged to monitor the company's official filings with the stock exchange.

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