Deals4 Sept 2025, 04:27 pm
Indo Tech Transformers Ltd Receives INR 78.39 Crores Order from Avaada Clean Project Private Limited
AI Summary
Indo Tech Transformers Limited has received a purchase order dated Sept 04, 2025 from Avaada Clean Project Private Limited for the supply of 9 Nos. 125 MVA transformers. The aggregate value of the order is INR 78.39 Crores plus applicable taxes. The order is to be executed in parts, with 2 Nos in 03/2026 and 3 Nos each in 04/ and 05/ 2026. This transaction does not fall within the definition of a related party transaction as specified under the provisions of the Companies Act, 2013 and is considered as a material event by the company.
Key Highlights
- Indo Tech Transformers Ltd received an order worth INR 78.39 Crores plus applicable taxes from Avaada Clean Project Private Limited.
- The order is for the supply of 9 Nos. 125 MVA transformers.
- The order will be executed in parts, with 2 Nos in 03/2026 and 3 Nos each in 04/ and 05/ 2026.
- This transaction does not fall within the definition of a related party transaction.
- The order is considered as a material event by the company.