Business Update3 Jul 2026, 11:43 am
Quality Power Subsidiary Bags ₹40.9 Cr Japan Order
AI Summary
Quality Power Electrical Equipments Ltd's material step-down subsidiary, ENDOKS ENERJİ ANONİM ŞİRKETİ, has secured a significant order for FACTS equipment supply in Japan. The order, valued at approximately INR 40.9 Crores (exclusive of taxes), is for a single large project and is expected to be executed by December 2027. The specific client has not been disclosed due to NDA agreements. This international contract does not involve any interest from promoters or group companies and is not considered a related party transaction.
Key Highlights
- Subsidiary secures significant international order for FACTS equipment.
- Order value estimated at approximately ₹40.9 Crores.
- Execution timeline set for completion by December 2027.
- No promoter or group company interest in the awarding entity.
- Transaction is not a related party deal.
Price Impact
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