Engineers India Limited (EIL) has been awarded a prestigious contract as the Project Management Consultant for the development of an Academic Institute of National Importance. Below are the key details:
- Project Overview: EIL will manage the development of an Academic Institute of National Importance.
- Role of EIL: EIL has been appointed as the Project Management Consultant for this large-scale initiative.
- Project Cost: The estimated cost of the project is approximately Rs. 1200 Crore.
- Contract Agreement: A formal contract agreement has been signed between Engineers India Limited and the Institute.
- Project Location and Timeline: Due to confidentiality, specific details about the location and project timeline cannot be disclosed.
- Type of Entity: The contract is with a domestic entity.
- Interest Disclosure: There is no interest of the promoters or promoter group in the entity awarding the contract.
- Related Party Transaction: This project is not classified as a related party transaction.
- Regulatory Compliance: This disclosure complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the information is also available on the company’s website.
