As per the filing, the Company has secured an Engineering and Procurement ('EP') order from Amur Gas Chemical Complex LLC. in Russia in August 2021.
Further, the company informed that the project has been progressing well and based on the progress achieved, the Company has invoiced and collected USD 21.61 Million.
"We are happy to inform that we have now received a communication from the Customer to resume the services and works under the Contract, which they had suspended in April 2022 on account of ongoing Geopolitical uncertainty in the region. Pursuant to this resumption intimation, we are resuming the work with full resources to meet the project timelines." the company said in a regulatory filing.
At around 12:01 PM, Va Tech Wabag was trading at Rs235.45 per share up by Rs5.65 or 2.46% from its previous closing of Rs229.80 per share on the BSE.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.