TechEra Engineering (India) Limited, a recognized player in the engineering and manufacturing space, has announced the receipt of a significant international order under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed this milestone in compliance with SEBI regulations, providing a clear insight into the latest contract awarded to them.

Key Details of the International Order
The international order received by TechEra Engineering involves the design, manufacture, installation, and commissioning of a hydraulic test bench. This order, valued at USD 4,13,095 (approximately ₹3.47 crore), marks a significant development for the company as it expands its global footprint and strengthens its portfolio in the engineering sector. The contract is expected to be executed by July 2025, showcasing the company's capability to handle large-scale international projects.

International Scope and Execution Timeline
This order has been awarded by an international entity, confirming TechEra's reach beyond domestic borders. The hydraulic test bench is a crucial piece of equipment used in various industrial applications, particularly in sectors that require precise testing of hydraulic systems. The execution timeline for the project extends until July 2025, giving TechEra the opportunity to showcase its advanced engineering expertise and commitment to high-quality delivery.

Disclosure as per SEBI Guidelines
In adherence to the SEBI regulations, the company has ensured full disclosure of the order value, scope of work, and terms and conditions of the contract in its official communication. This reflects TechEra’s commitment to transparency and corporate governance, key aspects for listed companies under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Terms of the Contract

The contract is classified as a commercial order and is not part of any related party transaction. It has been awarded by an entity that is not connected to the promoters or group companies of TechEra Engineering. The nature of the contract ensures that all dealings are conducted at arm's length, thereby maintaining a fair and transparent process. Additionally, the promoters or their group companies have no interest in the awarding entity, further ensuring the integrity of the transaction.

Acknowledgment and Future Outlook
TechEra Engineering’s ability to secure such international contracts signals its growing influence in the global market. The company’s focus on high-end engineering solutions, such as the hydraulic test bench, aligns with its strategic goals to expand its operations and enhance its product offerings across industries.

As the project progresses, TechEra Engineering is expected to leverage its engineering capabilities to meet the expectations set forth in the contract, ensuring that the project is delivered within the timeline and to the specified quality standards. This contract is also likely to enhance TechEra's credibility in the global market, potentially opening doors for further international collaborations and contracts.

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