Coromandel Engineering Company Ltd — Updates, 01-08-2025: Company Update

Coromandel Engineering Company has been awarded contracts totaling Rs. 134 Cr, excluding taxes. This includes a Rs. 93 Cr contract from M/s. Sivanesh Bagerathi Enterprises for residential apartments, to be completed in 30 months. The company also secured a Rs. 41 Cr contract from M/s. Sri Lakshmi Ammal Educational Trust for hostel construction and renovation, with timelines of 15 and 3 months respectively. The latter is a related party transaction, confirmed to be conducted at arm's length. These new orders significantly boost the company's project pipeline.