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Kothari Industrial Corporation Limited secures a 365-day material handling contract worth Rs 2.54 crore from Integral Coach Factory

24-Aug-26 19:54 Hrs IST

Kothari Industrial Corporation Limited announced it has received a Letter of Acceptance (LOA) dated August 24, 2026, from Integral Coach Factory (ICF), Chennai, for a comprehensive material handling services contract at the Shell Depot, awarded under Tender No. SD-OT-MHE-01-26. The contract, commencing within one day of the LOA’s issuance and lasting for 365 days, involves the deployment of material handling equipment and manpower and is valued at Rs 2,54,21,938.88, inclusive of GST. The company confirmed that neither the promoter group nor any group companies have any interest in ICF.

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