SEPC Limited (SEPC) shares jumped more than 2% today following the announcement of a major purchase order from Gefos Solutions Private Limited. As of 9:29 AM, the shares were trading 2.24% higher at Rs 13.25.
The order, valued at Rs. 75,19,78,000 (Rupees Seventy-Five Crores Nineteen Lakhs and Seventy-Eight Thousand only), covers the supply of construction materials for four key infrastructure projects, primarily focusing on residential buildings.
The contract is expected to be executed over 8 to 9 months, underscoring SEPC Limited’s capability in managing large-scale infrastructure projects within stipulated timelines. The project involves the supply and delivery of construction materials across multiple sites, further strengthening the company’s position in the domestic construction sector.
SEPC Limited clarified that neither the promoter/promoter group nor its group companies have any interest in Gefos Solutions, confirming that the transaction is not a related party transaction.
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