Kalind Ltd Secures Equipment Rental and Services Agreement worth USD 5.26 Million in Ghana
Kalind Limited, formerly known as Arunis Abode Limited, has secured an Equipment Rental and Services Agreement with AME SAKI Mining and Construction Limited. The agreement covers providing heavy earthmoving and mining equipment, along with necessary operational support services, at a designated mining operational area in Tarkwa, Ghana.The contract, bearing Work Order No. ASESG/ULT/2026/007, was executed on September 5, 2026, with the international entity AME SAKI Mining and Construction Limited.
Under the terms of the agreement, Kalind Limited is contracted to provide skilled equipment operators, service engineers, maintenance, spare parts support, and logistics-related services.
The total contract value is USD 5,263,000 (United States Dollars Five Million Two Hundred Sixty-Three Thousand only). This amount is equivalent to approximately Rs. 50 Crore, subject to exchange rate fluctuations and the specified terms and conditions of the Agreement.
The contract is set for an initial period of up to twelve months from the effective date, September 5, 2026. The Agreement may be extended through mutual written agreement between both parties.
Key details of the international contract are summarized below:
| Particulars | Details |
|---|---|
| Contracting Entity | AME SAKI Mining and Construction Limited, Tarkwa, Western Region, Ghana |
| Nature of Services | Equipment Rental and associated operational support services for mining operations |
| Contract Value | USD 5,263,000 (approx. Rs. 50 Crore) |
| Initial Term | Up to 12 months from September 5, 2026 |
| Promoter Interest | No, to the best of the Company's knowledge |
The contract is classified as an international order and does not involve related party transactions, according to the details provided by the Company.
Stock Price Movement
As of 10:08, shares of Kalind Ltd. are ticking up, trading at ₹5.18, reflecting a 4.02% gain. The stock found itself within a tight intraday range, moving between a low of ₹5.12 and a high of ₹5.22.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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