Rs 358,56,01,070 LOA received: Sunil Singhania-held engineering company makes a massive announcement; don’t miss the action!

Company . oversees and tends to a prodigious portfolio of 18 projects, including WWSPs, WSSPs, STPs & HAM, amounting to a staggering Rs. 1744.92 crore, alongside 5 O&M projects aggregating Rs. 99.28 crore

In the enchanting pause of a festive long weekend, where the spirit of Christmas permeates the air, the bustling markets are momentarily hushed. Yet, even in the midst of holiday merriment, our ears are attuned to the heartbeat of industry developments, eager to bring you the latest tidings. Today, our focus rests on the industrious endeavors of EMS Ltd., a company that has recently been adorned with a Letter of Acceptance (LOA).

EMS Ltd. is a virtuoso in orchestrating Water Supply & Sewerage Infrastructure Projects, crafting the intricate tapestry of Pipeline Networks, Water Treatment Plants, Sewage Treatment Plants, Reservoirs, Pump Houses, and a myriad of Electro-Mechanical solutions. Beyond this aquatic realm, EMS has evolved into a stalwart force in electrical contracting, specializing in turnkey electrical works across the expansive canvas of India. Their expertise spans the construction of 33/11 KV, 66/33 KV & 132/133 KV Substations, internal/external electrification work, and the meticulous assembly, testing, and commissioning of Transformers, IIT/W Panels, Bus Ducts, Rising Mains, Underground Trenchless Lines, Overhead Transmission Lines, and Building Automation Systems.

The company's prowess extends further into the realm of EPC services for building and road works, boasting a track record of successful project deliveries to satisfied clients. This Saturday unfolded a new chapter for EMS Ltd. as it proudly announced the reception of an LOA totaling an impressive Rs. 358,56,01,070/-, inclusive of a provisional sum of Rs. 20,85,03,485/-. The assigned task is nothing short of monumental – the development of the Sewerage System for Raipur (Zone C, Zone D & Zone E) and Septage Management in Zone 9, with a comprehensive 5-year O&M commitment in Dehradun, Uttarakhand.

Now, let us turn our attention to the intriguing dance of the stock market, where Abakkus Diversified Alpha Fund, steered by the astute Mr. Sunil Singhania, holds the reins of 9,47,940 shares of EMS Ltd. This significant stake equates to a formidable 1.71 per cent ownership in the company. As of July 31, 2023, EMS Ltd. oversees and tends to a prodigious portfolio of 18 projects, including WWSPs, WSSPs, STPs & HAM, amounting to a staggering Rs. 1744.92 crore, alongside 5 O&M projects aggregating Rs. 99.28 crore. Operating on a debt-free canvas, the company dances gracefully with an asset-light business model.

Disclaimer: The article is for informational purposes only and not investment advice.