Saakshi Medtech and Panels Limited — New Orders, 10-12-2024: Bagging/Receiving of orders/contracts

Saakshi Medtech and Panels Limited has secured a Letter of Business Award from Mahindra & Mahindra Limited to supply EV Panels, including a three-year guarantee. The total order value is approximately Rs. 250 Cr (inclusive of GST), covering a period of five years until 2029. This significant contract not only enhances the company’s portfolio in the growing electric vehicle sector but also solidifies its relationship with a major player in the automotive industry. Investors should view this development positively, as it positions the company for increased revenue and growth opportunities in the EV market.