Mumbai, Aug. 23 -- As per the company's exchange filing, the order pertains to support services for JNK Global's refinery project and will be executed in India. The order is classified as Significant by the company, indicating a contract value in the range of Rs 0-50 crore. The scheduled delivery date for the project is 21 December 2027.
JNK India confirmed that while the transaction qualifies as a related party transaction, it has been entered into on an arm's length basis. The company also clarified that there is no potential conflict of interest arising from the deal.
JNK India manufactures heating equipment such as process-fired heaters, reformers, and cracking furnaces required in process industries such as for oil and gas refineri...
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