<h1>Chiraharit Ltd Replaces Work Order with Greenko AP01 IREP PRIVATE LIMITED following Contract Amendment</h1>
Chiraharit Limited has completed the process of amending and replacing an existing work order related to its supply and services of MCS. The contract, which was initially routed through ICOMM TELE LIMITED, has now been formalized directly between Chiraharit and GREENKO AP01 IREP PRIVATE LIMITED (Greenko).
The agreement traces back to a Letter of Award (LOA) received from Greenko AP01 IREP PRIVATE LIMITED dated September 7, 2024. This LOA was subsequently converted into a Purchase Order (PO) / Work Order (WO) via ICOMM TELE LIMITED on March 24, 2026. The initial contract value reported at that time stood at Rs. 9,54,37,131/- (Rupees Nine Crore Fifty-Four Lakh Thirty-Seven Thousand One Hundred and Thirty-One Only), excluding GST.
The project execution is currently underway as the orders proceed. However, following internal arrangements by Greenko AP01 IREP PRIVATE LIMITED, the work order was reissued directly to Chiraharit Limited. This new contract supersedes the previous arrangement managed through ICOMM TELE LIMITED.
The direct composite EPC Agreement between Chiraharit and Greenko was executed on July 14, 2026, with the agreement being received by the company on July 20, 2026. The revised value of this work order stands at Rs. 9,99,74,325/- (Rupees Nine Crore Ninety-Nine Lakh Seventy-Four Thousand Three Hundred and Twenty-Five only), excluding GST.
The details of the contract transformation are summarized below:
| Party Name | Initial Order Value (via ICOMM) | Final Amended Order Value (direct with Greenko) |
|---|---|---|
| Contracting Parties | Chiraharit Limited and ICOMM TELE LIMITED | Chiraharit Limited and GREENKO AP01 IREP PRIVATE LIMITED |
| Nature of Contract | Supply and Services of MCS | Supply and Services of MCS |
| Initial Contract Date | March 24, 2026 | July 14, 2026 (EPC Agreement Date) |
| Value | Rs. 9,54,37,131/- (Excluding GST) | Rs. 9,99,74,325/- (Excluding GST) |
Stock Price Movement
On Tuesday, Chiraharit Ltd settled at ₹7.90, rallying 2.33% in after-hours trading. The shares moved throughout the day, ranging between a low of ₹7.87 and an intraday high of ₹8.25.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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