SEPC FZE, the wholly owned subsidiary of SEPC based in Sharjah, UAE, has secured a significant international contract from Lauren Engineers & Constructors INC.
The agreement entails the construction, supply, and installation of four high-capacity steel tanks, each with a storage capacity of 45,000 litres. The total value of the contract is USD 8.9 million, which is approximately INR 756 million.
This project will be executed in Fujairah, United Arab Emirates, and marks a notable expansion of SEPC FZE’s presence in the region. The execution period for the project is set at 15 months from the commencement date, and includes all phases up to commissioning.
In the meantime, SEPC shares opened at ₹14.35, and, at the time of writing, reached a high of ₹14.77 and a low of ₹14.30 today. The stock remains well below its 52-week high of ₹31.53, though still above the 52-week low of ₹11.19.
