Subject: Intimation under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015
Dear Sir/ Madam,
Pursuant to regulation 30(3) Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has been awarded a contract by Indian Oil Corporation Limited (IOCL), for Designing, Engineering, Manufacturing, Supply, Erection, Testing, Pre-commissioning, Commissioning, Performance Guarantee Test Run and Operation & Maintenance for five years of Zero Liquid Discharge plant at Panipat Refinery at a contract value of INR 343.36 crores including GST. The project is to be commissioned within 16 months from the date of Letter of Acceptance.
Kindly take the same on your record.
Yours Faithfully,
For Ion Exchange (India) Limited
MILIND DATTATRAY A PURANIK
Digitally signed by
MILIND DATTATRAYA PURANIK
Date: 2022.12.02 16:48:13 +05'30'
Milind Puranik Company Secretary
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Ion Exchange (India) Ltd. published this content on 02 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2022 11:43:04 UTC.
Ion Exchange (India) Limited is engaged in manufacturing resins, specialty chemicals for water and wastewater treatment as well as non-water applications. The Company provides a range of solutions across the water cycle from pre-treatment to process water treatment, wastewater treatment, recycle, zero liquid discharge, sewage treatment, packaged drinking water, and sea water desalination. It operates through three segments: Engineering, Chemicals, and Consumer Products. The Company offers water and environment management solutions to the industrial sector as well as homes, hotels, spas, educational institutions, hospitals, laboratories, the realty sector, defense establishments, and rural communities. It has manufacturing facilities at Hosur (Tamil Nadu), Patancheru (Telangana), Ankleshwar (Gujarat), Navi Mumbai (Maharashtra), and Goa. It has operations across South Asian Association for Regional Cooperation (SAARC) countries, South East Asia, Middle East, Africa and North America.