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Pratham EPC Projects LimitedImportant, 27-03-2025: Disclosure of material issue

27-03-2025 · 06:03 pm

Pratham EPC Projects Limited's Board of Directors has approved the sale of machinery to its wholly-owned subsidiary, Pratham International Contracting LLC-OPC, for ₹2.16 crore (Cr). The transaction is intended to bolster the subsidiary's growth and is being conducted at arm's length, qualifying as a related party transaction. The sale is expected to be completed by March 31, 2025.

This strategic move may enhance operational capabilities within the subsidiary, potentially leading to improved performance. Investors might view this as a positive outlook due to the focus on growth within subsidiary operations.

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