Gujarat Inject Kerala Ltd Secures Significant Order for 16,129 Solar Panels from Deon Energy Limited
Gujarat Inject Kerala Limited has secured a substantial purchase order from Deon Energy Limited for solar panels. The order encompasses 16,129 units of the Solar Panel 620WP model and is valued at approximately 14.49 Crores (excluding GST).The contract involves the arrangement of these modules at required sites, with the execution timeline set for June 2026. Deon Energy Limited, a domestic entity, awarded the order to Gujarat Inject Kerala Limited. The transaction details confirm that neither the company's promoters nor their group companies have any interest in the awarding entity, and the contract is not considered a related party transaction.
The key terms of this significant solar panel procurement are detailed below:
| Particulars | Details |
|---|---|
| Entity Awarding Contract | DEON ENERGY LIMITED |
| Order Size | 16,129 NOS Solar Panel 620WP |
| Total Value (Exclusive of GST) | Around 14.49 Crores |
| Nature of Order | Arrange modules at required sites |
| Entity Type | Domestic Entity |
| Execution Period | June 2026 |
Stock Price Movement
Today's trading wrapped up with Gujarat Inject Kerala Ltd. settling at ₹114.70, dipping by 1.21% on Thursday. Shares moved considerably throughout the session, finding a range between an intraday low of ₹113.00 and a high of ₹120.10.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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