Artson Engineering Limited inform about the modification in the Order received by the company and disclosed to the exchange earlier on 24th August 2022. Provided below the modified details: Name of the entity awarding the order(s) /contract(s) /Letter of Intent (LOI) is Tata Projects Limited. Significant terms and conditions of order(s)/contract(s) /Letter of Intent (LOI) awarded in brief is Fabrication of Structures for TSL Project.

Whether order(s) /contract(s) have been awarded by domestic /international entity is Domestic Entity. Nature of order(s) /contract(s) is Unit Rate on Conversion basis. Time period by which the order(s)/contract(s) is to be executed is 10 months.

Broad consideration or size of the order(s) /contract(s) is INR 233.4 million. The client intends to consolidate and procure total raw material required for the project to meet overall project schedule. Therefore, order value is reduced to the extent of raw material procurement cost, which will be free issue now.