Deals5 Aug 2025, 06:21 pm
Indo Tech Transformers Ltd Receives INR 62.93 Crores Order for Supply of Transformers
AI Summary
Indo Tech Transformers Ltd has received a Letter of Award (LOA) dated 04.08.2025 for supply of 6 Nos of 175, 220/33-33kV MVA transformers. The aggregate value of the order under the said LOA is INR 62.93 Crores plus applicable taxes. The order is to be executed in two phases, with 4 Nos in July 2026 and 2 Nos in October 2026. The company confirms that this transaction does not fall within the definition of a related party transaction as specified under the provisions of the Companies Act, 2013.
Key Highlights
- Indo Tech Transformers Ltd received an order worth INR 62.93 Crores plus taxes for supply of transformers
- The order is to be executed in two phases, with 4 Nos in July 2026 and 2 Nos in October 2026
- The transaction does not fall within the definition of a related party transaction as per Companies Act, 2013