Shivalic Power Control Limited — Updates, 06-12-2024: Press Release

Shivalic Power Control Limited has secured a significant order for the construction of LT Panels valued at Rs. 410 Cr. from Ramacivil India Construction. This domestic commercial contract is set for completion by mid-March 2025. The awarded order reflects a substantial opportunity for Shivalic, enhancing its project portfolio and revenue potential. With no related party transactions involved, this contract positions the company favorably in the market, indicating a positive outlook for future growth. Investors should watch closely for developments related to the execution and delivery timelines.