SEPC Limited faces termination of ₹521.46 crore subcontract
after close1 source ↓written by the desknot a recommendation
- from Shalimar Corp
- ₹521.46 crore
SEPC Limited has received a termination notice for a major EPC subcontract valued at ₹521.46 crore from Shalimar Corp. The company is entering arbitration proceedings to contest this decision, which may impact its revenue visibility and legal costs. This situation could lead to a significant reduction in active project value if arbitration does not favor SEPC.
Not investment advice. For informational purposes only.