Trishakti secures Tata Steel order, announces capital expenditure
Trishakti Industries Limited has secured a significant work order from Tata Steel Limited for deploying advanced machineries and skilled manpower at one of Tata Steel's flagship project sites. This order reinforces Trishakti's focus on building a high-capacity fleet for the infrastructure and heavy industries segments, expecting enhanced revenue visibility and profitability.
To execute this contract, Trishakti has undertaken a fresh capital expenditure of approximately ₹7.85 crores, inclusive of taxes, for acquiring advanced machineries. This investment brings the cumulative capital expenditure for FY26 to approximately ₹84.5 crores.
The contract involves the hiring of machines with manpower and is expected to be executed by November 3, 2025, with an initial contract period of 18 months. The total contract value is projected to be upwards of ₹2.9 crores, inclusive of taxes.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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