Berger Paints Emirates is a unit of Asian Paints International Private Limited, Singapore, which is a wholly-owned subsidiary of Asian Paints.
The action has been taken under Section 74 of the CGST and SGST Acts for the financial year 2022 to 2023.
Patel Engineering stated in its exchange filings that neither the promoters nor the promoter groups have any interest in the awarding entity.
Both companies plan to jointly explore and develop AI applications that integrate software intelligence with physical systems used in industrial environments.
The company said that it completed the transaction on November 26, 2025. The sale is carried out at an aggregate consideration of ₹1,814.42 Crore.
The company describes this move as an extension of its long-standing partnership with drivers built through decades of leadership in the three-wheeler segment.
The projects fall under the Revamped Reforms based and Results linked Distribution Sector Scheme.
Ravishanker Kovi, the founder and executive chairman of RK Pharma, commented that Zydus Life has a powerful commercial footprint.
The latest order involves the supply of four high-pressure utility boilers, each with a capacity of 400 TPH, along with all related auxiliaries.
The company’s share in the project, in terms of free sale component, is estimated at around 1.18 lakh square feet (RERA carpet area) currently.

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