Kolkata, January 30, 2025 – Western Carriers (India) Limited (WCIL) (BSE: 544258, NSE: WCIL, ISIN: INE0CJF01024) has announced the receipt of a significant work order from Hindustan Zinc Limited (HZL) for the transportation of finished goods.
Key Contract Highlights
- Nature of Work: Movement (export and domestic) of finished goods, including zinc and lead ingots.
- Origins: Smelting complexes at:
- Chanderiya Lead Zinc Smelter
- Zinc Smelter Debari
- Dariba Smelting Complex (Rajasthan)
- Pantnagar Metal Plant (Uttarakhand)
- Destinations:
- Mundra, Pipavav, and Mumbai ports
- HZL depots and customer sites across India
- Contract Value: Approx. ₹170 crore.
- Duration: 4 years.
- Awarding Entity: Hindustan Zinc Limited.
- Transaction Nature: Not a related party transaction.
For further details, the company has submitted the disclosure as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Stock Market Impact & Industry Outlook
With India’s growing industrial logistics demand, WCIL’s strategic expansion in handling metals and finished goods transportation is expected to reinforce its revenue pipeline. Investors may view this deal as a positive development, contributing to long-term growth.
Company Statement
WCIL's Company Secretary and Compliance Officer, Sapna Kochar, confirmed the contract's receipt and expressed confidence in delivering efficient logistics solutions for Hindustan Zinc.This announcement is expected to be a key growth driver for WCIL in the coming years.