Business Update13 Aug 2026, 11:10 am
RMC Switchgears Secures ₹1.88 Cr Order for Transformer Distribution Boxes
AI Summary
RMC Switchgears Limited has announced receiving Letters of Award (LOA) from Anand Transformers Private Limited for a turnkey contract valued at ₹1,88,52,000. The contract involves providing new service connections with infrastructure extension for Transformer Distribution Boxes under Phase III. This order is expected to bolster the company's order book and contribute positively to its revenue and growth prospects. The execution timeline and guarantee period details are provided, with no promoter interest indicated in the awarding entity.
Key Highlights
- Secured a new order worth ₹1.88 Crore from Anand Transformers Private Limited.
- The contract is for a turnkey project involving Transformer Distribution Boxes.
- Order expected to positively impact company's revenue and growth.
- No promoter interest in the entity awarding the contract.
- Contract falls under 'Business Update' category as per SEBI regulations.
Price Impact
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