Sharp India Secures Contract worth INR 7.93 Crores for Supply of Machinery and Equipment
Sharp India Ltd has secured an order from Energygov Manpower Agency India Private Limited for the supply of machinery, accessories, and equipment. The contract represents a significant business development for the company.The order was awarded by the domestic entity, Energygov Manpower Agency India Pvt Ltd. The total value of the contract is INR 7.93 Crores, excluding GST. Sharp India Ltd is set to execute the contract within one month.
Details regarding the contract include the following points:
| Category | Details |
|---|---|
| Counterparty | Energygov Manpower Agency India Pvt Ltd (Domestic Entity) |
| Nature of Order | Supply of Machinery, Accessories and Equipment |
| Contract Value | INR 7.93 Crores (Excluding GST) |
| Execution Period | 1 Month |
Regarding the terms and conditions of the contract, payment is scheduled to be released upon submission of the E-Way Bill. The supplier is also required to submit documents such as Original Tax Invoice-Way Bill and Delivery Challan. All applicable taxes must adhere to the prevailing Government of India regulations.
Sharp India Ltd confirmed that neither the promoter nor the promoter group has any interest in Energygov Manpower Agency India Pvt Ltd, and the contract does not fall under related party transactions.
Stock Price Movement
Sharp India Ltd shares settled up 0.99% on Monday, closing at ₹117.65. The stock exhibited complete stability during the day, with its intraday trading range locked entirely at that single price point.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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