Chiraharit Limited Receives Purchase Order from Newzone India Private Limited
Chiraharit Limited announced on March 22, 2026, that it has received a purchase order from Newzone India Private Limited, a Torrent Group Company. The order is for the supply, erection, testing, and commissioning of electromechanical works for construction and potable (drinking) water system.The project, located in Madhya Pradesh, involves a contract for Rs. 15,66,28,75 (Rupees One Crore Fifty-Six Lakh Sixty-Two Thousand Eight Hundred and Seventy-Five only), excluding GST. The supply is expected to be completed within two months, with service completion within four months from the date of the purchase order issuance.
The company confirmed that neither the entity awarding the contract nor any related parties have a vested interest in Chiraharit Limited.
Here’s a summary of the purchase order details:
| S.No. | Particulars of Disclosure | Disclosure |
|---|---|---|
| 1 | Name of the Entity awarding the Contract/Order | Newzone India Private Limited |
| 2 | Significant terms and conditions of order(s)/contract(s) awarded, in brief | Supply, Erection, Testing & Commissioning of Electromechanical works for Construction & potable (drinking) water system Location of Supply: Madhya Pradesh |
| 3 | Whether order(s)/contract(s) have been awarded by domestic/international entity | Domestic |
| 4 | Nature of order(s)/contract(s) | Supply, Erection, Testing & Commissioning of Electromechanical works for Construction & potable (drinking) water system |
| 5 | Whether domestic or international | Domestic |
| 6 | Time period by which the order(s)/contract(s) is to be executed | Supply completion: Within -2- Months from the date of PO issuance Service completion: Within -4- Months from the date of PO issuance. |
| 7 | Broad consideration or size of the order(s)/contract(s) | Rs.1,56,62,875/- (Rupees One Crore Fifty-Six Lakh Sixty-Two Thousand Eight Hundred and Seventy-Five only) (Excluding GST) |
| 8 | Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof | No |
| 9 | Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at 'arm's length | No |
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