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Felix Industries LimitedNew Orders, 07-03-2025: Awarding of order(s)/contract(s)

07-03-2025 | 04:32 pm

Rivita Solutions Private Limited, a subsidiary of Felix Industries Limited, has secured a contract from Oil and Natural Gas Corporation Limited (ONGC) for the installation and operation of facilities to process effluent water for service and surface water disposal at the Lanwa ETP of Mehsana Asset. The contract is valued at approximately ₹1.90 crore, inclusive of all duties and taxes, and is set to be executed over a period of three years. This domestic contract presents a significant opportunity for Rivita Solutions to enhance its operational footprint in the water treatment sector. Shareholders should monitor this development closely as it could positively impact the subsidiary's revenue streams in the coming years.

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