INDO TECH TRANSFORMERS LTD.

Shirdi Sai Electricals Limited, a promoter of Indo Tech Transformers Ltd, has disclosed the sale of 2,00,000 equity shares. This transaction, conducted via the open market on June 30, 2026, resulted in a reduction of their shareholding from 72.18% to 70.29% of the total share capital. The sale involved 1.88% of the total diluted share capital. The total equity share capital of Indo Tech Transformers Ltd remains at 1,06,20,000 equity shares.

Shirdi Sai Electricals Limited, a promoter of Indo Tech Transformers Ltd, has disclosed the sale of 3,00,000 equity shares. This transaction, conducted via the open market, reduces Shirdi Sai Electricals' holding in Indo Tech Transformers from 75.00% to 72.18%. The sale represents approximately 2.82% of the total share capital. The total share capital of Indo Tech Transformers remains at 1,06,20,000 equity shares.

Indo Tech Transformers Ltd announced a significant capacity expansion plan with a new Capital Expenditure (CAPEX) proposal of INR 360 Crores. This investment aims to enhance plant capacity to 50,000 MVA up to the 400 KV range of Transformers, to be executed over Financial Years 2028-2029. This new initiative supplements earlier CAPEX approvals totaling INR 110 Crores, which are currently in progress. The company's existing capacity is 14,000 MVA with an 80-90% utilization rate. The proposed addition aims to bring the total capacity to 25,000 MVA by March 2029. The total investment for this expansion, including previous approvals, amounts to INR 495 Crores, to be financed through internal accruals and bank borrowings.

Indo Tech Transformers Ltd issued a corrigendum to the outcome of its Board Meeting held on May 20, 2026. The correction pertains to a typographical error in Point 4 regarding the Stakeholder Relationship Committee's composition. Mr. Sudheer Vennam replaced Mr. Sharat Chandra Kolla as Chairman. All other contents of the original outcome remain unchanged.

Indo Tech Transformers Ltd has appointed M/s. K. Suryanarayanan as the Cost Auditor for the financial year 2026-27. The appointment was made based on the recommendation of the Audit Committee and approved by the Board of Directors at their meeting on May 20, 2026. M/s. K. Suryanarayanan, Cost Accountants, (Registration Number: 102347) appointment complies with Section 141 and Section 148 of the Companies Act, 2013. The remuneration will be placed before shareholders for ratification at the next Annual General Meeting.

Indo Tech Transformers Ltd has appointed M/s G Balu Associates LLP as the Internal Auditor for the financial year 2026-27. The appointment follows the recommendation of the Audit Committee and was approved by the Board of Directors at their meeting on May 20, 2026. G Balu Associates LLP, a Chennai-based Chartered Accountancy firm with over three decades of experience, will provide assurance and advisory services.

Indo Tech Transformers Ltd. announces an additional capital expenditure (CAPEX) proposal of ₹35 Crores to enhance plant capacity to 25,000 MVA by March 2029. This supplements earlier CAPEX approvals of ₹75 Crores and ₹25 Crores for increasing capacity to 16,000 MVA and 20,000 MVA, respectively, which are currently in progress. The total investment for capacity expansion amounts to ₹135 Crores, funded through internal accruals and bank borrowings. The company's existing capacity is 14,000 MVA with 80-90% utilization.

Indo-Tech Transformers Limited approved audited financial results (standalone) for the quarter and financial year ended March 31, 2026, in its board meeting held on May 20, 2026. ASA & Associates LLP issued an unmodified opinion on the audited financial results. The board also approved the appointment of M/s. K. Suryanarayanan, Cost Accountants, as Cost Auditors and M/s. G. Balu Associates LLP, Chartered Accountants, as Internal Auditors for FY 2026-27. The Nomination and Remuneration Committee and Corporate Social Responsibility Committee were also re-constituted.

Indo Tech Transformers Ltd. announced the approval of audited financial results (standalone) for the quarter and financial year ended March 31, 2026, during its Board of Directors meeting held on May 20, 2026. The board also approved the appointment of M/s. K. Suryanarayanan as Cost Auditors and M/s. G. Balu Associates LLP as Internal Auditors for FY 2026-27. The Nomination and Remuneration Committee and the Corporate Social Responsibility Committee were also re-constituted.

Indo Tech Transformers Ltd has scheduled a Board of Directors meeting on May 20, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The trading window for dealing in the company's shares has been closed from April 1, 2026, and will reopen 48 hours after the declaration of the financial results. The information is available on the company's website.