EP Biocomposites Limited bags ₹2.15 Crore Work Order on behalf of Goa Tourism Development Corporation for Premium FRP / Cast Iron Benches

EP Biocomposites Limited bags ₹2.15 Crore Work Order on behalf of Goa Tourism Development Corporation for Premium FRP / Cast Iron Benches

Goa [India], January 30: EP Biocomposites Limited (BSE: 543595) has received a work order on behalf of Goa Tourism Development Corporation Limited for the manufacture, supply, transportation, and installation of 1,000 units of Model IV Premium FRP / Cast Iron Benches.

The total value of the said work order is ₹2,15,00,000/- (Rupees Two Crores Fifteen Lakhs Only), exclusive of applicable taxes. The benches shall be supplied and installed at various designated locations across the State of Goa, in accordance with the terms and conditions of the work order. The project shall be executed within the timelines stipulated under the contract.

The proposed installation of the benches is intended to enhance public seating infrastructure, improve visitor convenience, and provide durable, long-term amenities at tourism and public locations across the State of Goa. The award of the project has been received in the ordinary course of business of the Company.

The Company has previously received and successfully executed similar orders for cast iron benches on behalf of Goa Tourism Development Corporation Limited, including the Manufacture, supply and installation of more than 1700 units pursuant to a work orders since October, 2021. These orders were executed in accordance with contractual specifications and within the stipulated timelines.

We are proud to have been receiving repeat orders & delivering one after the other in time bound fashion.

Commenting on the development, Mr. Rajkumar Kamat, Managing Director said, “the order reflects the Company’s continued involvement in public infrastructure projects and its capability to execute manufacturing, supply and installation assignments in a time-bound manner. The management further noted that the receipt of repeat orders demonstrates continued confidence in the Company’s manufacturing capabilities, execution standards, and operational reliability. The Company remains focused on delivering infrastructure products in accordance with contractual specifications while ensuring quality and timely execution.”

This press release is issued pursuant to the Company’s disclosure under Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, as filed with BSE Limited.

About EP Biocomposites Limited

EP Biocomposites Limited is a Goa-based public limited company engaged in the manufacture and supply of sustainable infrastructure and polymer-based products across India. The Company is part of the EP Kamat Group, which is committed to fostering a clean, green, and safe environment through innovative engineering solutions and environmentally responsible manufacturing practices.

EP Biocomposites’ core product portfolio includes a range of Fibre Reinforced Polymer (FRP) products such as door shutters, frames, laminated doors, biodigester tanks, bio toilets, fire doors, garden benches, fencing and allied FRP solutions for construction, industrial, and infrastructure applications. The Company also provides sanitation and wastewater solutions, including bio-digester toilets, sewage treatment plants (STP) and effluent treatment plants (ETP) that support efficient waste management and water reuse strategies for residential, commercial, institutional, and government projects.

Driven by quality standards and environmental responsibility, EP Biocomposites designs its products for durability, low maintenance, and reduced environmental impact, aligning with modern sustainability principles. The Company’s offerings contribute to enhanced public infrastructure, cleaner sanitation systems, and efficient water treatment solutions across diverse segments in India.

Indian Entrepreneur Develops novel one of a kind Radiative Cooling Headwear Cap. The product along with other consumer wearables opens possibility to a new billion dollar market

Indian Entrepreneur Develops novel one of a kind Radiative Cooling Headwear Cap. The product along with other consumer wearables opens possibility to a new billion dollar market

In the last several years, one has felt the summers getting hotter and drier every year. This is one of the direct effects of climate change and global warming. Across the world, one can clearly see the fingerprints of climate change and it is alarming, to say the least. While efforts are being made by government bodies, private agencies and individuals to reverse the effects of climate change, one has also been looking for ways or methods to protect oneself from the sweltering heat of the summer.

Rajiv Lunkad along with his brother Sanjog Lunkad both fourth generation entrepreneurs have been working across different industries and technologies and products that enable the world move towards adopting a sustainable lifestyle. While moving ahead in this direction, they have managed to put together a product which is now known as the first radiative cooling headwear cap to exist in the world.

Talking about the thought behind inventing this product, Rajiv says, “This summer was one of the hottest ever recorded in many places, leaving millions of people grappling with unbearable heat. As we anticipate a future of warmer summers fuelled by the climate crisis, we have to find ways to adapt to the changing environment. This cooling headwear cap, which is a first-of-its-kind product in this space, has been designed to make the summers a little more bearable for people.”

The duo have worked on several notable projects and lent their expertise to the development of technologies and products that have played an important role in introducing modern technologies One such being their innovation of fully illuminated traffic light project which has been implemented in the city of Mumbai and now being visibly replicated elsewhere in the country.

Elaborating further on the product, he states, “The cap has been made using radiative cooling material that will safeguard people from extreme heat when they are in an outdoor space. Apart from being made with sustainable material, the cap is energy-free and carbon neutral. The cap reflects maximum sunlight back through the atmospheric window into space creating a cooling effect on the inside. It can achieve a cooling of more than minus 5 degrees than the outside temperature.”

The product designed and developed by the duo entrepreneurs serves as yet another testimony to the fact that Entrepreneurs in India are
also filled with visionaries that can create the kind of products that would not only help the people in the country adhere to an environment-friendly and sustainable lifestyle but also enable the entire world to treat the environment more empathetically.

The team is gearing up to lauch the product commercially very soon in the
coming months.