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LLOYDS ENGINEERING WORKS LIMITEDImportant, 01-08-2025: Agreements

01-08-2025 | 04:02 pm

Lloyds Engineering Works' subsidiary, Techno Industries (88% owned), has secured a significant agreement with Mumbai Railway Vikas Corporation. Valued at Rs 19.58 Cr (excluding GST), this contract involves the comprehensive design, manufacturing, supply, installation, testing, and maintenance of escalators at various Central Railway locations. The project is slated for completion within 24 months from the notice to proceed. This strategic order reinforces the company's footprint in railway infrastructure, signifying a positive outlook for future business expansion and revenue streams.

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