Shivalic Power Control Limited — Updates, 28-12-2024: Press Release

Shivalic Power Control Limited has secured a significant order for the supply and installation of electrical items valued at Rs. 308 Cr from GMT Industries Ltd. This commercial order represents a strategic win for the company, enhancing its revenue stream and operational footprint in the domestic market. The project is slated for completion by March 2025. The awarding of this contract indicates a positive outlook for Shivalic as it continues to expand its capabilities and portfolio within the electrical sector. Investors should watch closely for further developments as this could bolster the company’s financial position and market share.