# Saakshi Medtech wins Rs 250 crore order from Mahindra & Mahindra

Saakshi Medtech and Panels received a Letter of Business Award from Mahindra & Mahindra for supply of EV panels, including three years guarantee/warranty. The order is valued at approximately Rs 250 crore (inclusive of GST) over five years until 2029, with completion within 60 days.

- Type: Contract
- Announced: 2024-12-11
- Where: India
- Value: $30.0M (2.50B INR)
- Status: announced
- Products: EV panels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Saakshi Medtech and Panels](https://endata.com/companies/81679.md)
- [Mahindra & Mahindra](https://endata.com/companies/30042.md) (customer)

## Sources

- [tradingview.com](https://www.tradingview.com/news/moneycontrol:f12602e56094b:0-saakshi-medtech-shares-locked-at-upper-circuit-on-winning-order-worth-rs-250-crore/), 2024-12-11: "Saakshi Medtech and Panels share price locked ta upper circuit on December 11 following the company received Letter of Business Award (LoBA) from Mahindra & Mahindra for supply of EV panels"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.