Trishakti Industries Limited has successfully secured a significant contract from Jindal Ferrous Limited, as disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This contract involves the supply of high-capacity machines, valued at INR 27 million, which will be deployed to support Jindal Ferrous's ongoing Blast Furnace Erection Commissioning project.

The disclosure, made in compliance with SEBI Circular No. GIR/CFD/CFD-PoDI/P/CIR/2023/123 dated July 13, 2023, marks a significant development for Trishakti Industries, as the contract strengthens its presence in the infrastructure sector and highlights its ability to provide high-performance equipment for large-scale projects. This strategic partnership with Jindal Ferrous is expected to have a positive impact on the financial performance of Trishakti Industries in the forthcoming quarters.

Details of the Contract:

1. Entity Awarding the Contract: Jindal Ferrous Limited
2. Nature of the Contract: The contract involves the supply of machines for the ongoing Blast Furnace Erection Commissioning project.
3. Domestic Contract: The contract has been awarded by a domestic entity, Jindal Ferrous Limited.
4. Time Period for Execution: The contract is expected to be executed by February 28, 2025.
5. Commercial Size: The value of the contract is INR 27 million.
6. Interest of Promoters: There is no interest of the promoters or group companies in the entity that awarded the contract.
7. Related Party Transaction: This order does not fall within related party transactions and is conducted at arm’s length.

With the completion of this contract by the end of February 2025, Trishakti Industries aims to further cement its reputation in the infrastructure sector and enhance its overall financial standing. This new order reflects the company’s growing capabilities in delivering large-scale, high-capacity solutions and its potential for continued growth.

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