Sathlokhar Synergys Secures New Order Worth INR 74.85 Crores, Reaching INR 1,015.18 Crores in Confirmed Orders
Sathlokhar Synergys E&C Global Limited has strengthened its revenue visibility by securing additional confirmed orders worth INR 63.43 crores. This successful acquisition elevates the Company's revised confirmed order book for the fiscal year 2026-27 to INR 1,015.18 crores, following an initial reported figure of INR 951.75 crores for FY 2026/27.The new contract was awarded by M/s. Grand Atlantia Panapakkam SEZ Developers Private Limited, a domestic entity. The project involves the execution of Civil, Electrical, and Firefighting work for the proposed building at M/s. Grand Atlantia Panapakkam Sez Developers Private Limited in SIPCOT Park, Panapakkam, Ranipet, Chennai.
This project falls under the larger investment by M/s. Hong Fu Industrial Group, a global footwear manufacturer based in Taiwan, who is investing ₹1,500 crores to establish a mega non leather footwear factory at the location. The construction of the building itself was awarded to Sathlokhar Synergys E&C Global Limited with a total order value estimated at INR 74.85 Crores, including GST.
The contract scope includes Civil, Electrical, and Firefighting work for the proposed industrial facility. The project is scheduled for completion before December 2026.
Details regarding this newly secured contract are presented below:
| Particulars | Details |
|---|---|
| Entity Awarding Order | M/s. Grand Atlantia Panapakkam SEZ Developers Private Limited (Taiwan based) |
| Nature of Contract | Execution of Civil, Electrical, Firefighting work for the proposed building at Grand Atlantia Panapakkam Sez Developers Private Limited, SIPCOT Park, Panapakkam, Ranipet, Chennai. |
| Domestic/International Entity | Domestic Entity |
| Time Period for Execution | Delivery Completion is December, 2026. |
| Order Value | INR 74.85 Crores (including GST). |
Sathlokhar Synergys E&C Global Limited specializes in the construction of buildings and infrastructure facilities for industrial, commercial, institutional, warehouse, pharma, hospitals, and hotel projects, as well as solar power projects. The Company also operates as Electrical HT & LT Contractors, HVAC, FPS, PHE, IBMS, and Utility Projects providers.
SSEGL Stock Price Movement
On Friday, Sathlokhar Synergys E&C Global Limited shares gained 2.53%, settling at ₹320.15 in the closing session. The equity saw a trading volume of 47,400 shares and traded within a daily range bounded by ₹312 and ₹325.9.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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