Pursuant to the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and EIL’s Policy for Determination of Materiality of Events/Information, Engineers India has informed that following: ‘Oil and Natural Gas Corporation (ONGC) has entrusted the Project for Restoration of Gas Terminal, Phase-I (Part-A) at ONGC, Hazira plant to be executed on EPC Reimbursable basis (Open Book Estimate (OBE) model) to Engineers India (the company). The total estimated order value is `249 Crore with a project completion schedule of about 33 months.’ Other relevant details pursuant to SEBI Circular dated 09.09.2015 is attached as Annexure-1.
The above information is a part of company’s filings submitted to BSE.