Laser Power & Infra Ltd

Laser Power & Infra Limited (LPIL) has secured contracts totaling ₹72.76 crore from Power Grid Corporation of India Limited. The order involves the supply of High Temperature Low Sag (HTLS) conductors and reconductoring of two existing 132 kV transmission lines. This marks LPIL's first commercial order for HTLS conductors, signifying a major step in its technology-led transmission business. The project, to be completed within 12 months, covers approximately 164 circuit-km and integrates LPIL's capabilities in engineering, manufacturing, supply, installation, and commissioning. This order is seen as a strategic move to enhance the company's position in advanced transmission technologies and EPC services.

Laser Power & Infra Ltd has been awarded two contracts by Power Grid Corporation of India Limited, aggregating to ₹72.77 crores. The contracts include a Supply of Goods Contract valued at approximately ₹58.92 crores for High Temperature Low Sag (HTLS) conductors and associated materials, and a Supply of Services Contract valued at approximately ₹13.85 crores for reconductoring, installation, and commissioning services. These projects involve reconductoring transmission lines in the North Eastern Region. This marks the company's first commercial order for HTLS conductors, with execution expected within 12 months.

Laser Power & Infra Limited (LPIL) has secured a significant EPC order valued at ₹44 crore from CESC Limited. This order includes turnkey works for the Kabitirtha Distribution Station and 33 kV and 220 kV underground cabling projects. Notably, the project marks LPIL's entry into the specialized 220 kV underground transmission cable segment, a key strategic move into a high-growth area. The company expects this to strengthen its capabilities and enable pursuit of similar opportunities in densely developed urban areas where underground cabling is increasingly relevant.

Laser Power & Infra Ltd has received a Letter of Intent (LoI) from CESC Limited for the execution of Engineering, Procurement, and Construction (EPC) works. The contract, valued at ₹44 Crore inclusive of GST, involves setting up a Distribution Station at Kabitirtha and 33kV & 220kV Underground Cabling in CESC Areas. The project is expected to be completed by March 2027. This significant order marks a positive development for the company, bolstering its order book and reinforcing its position in the infrastructure sector.

Laser Power & Infra Ltd has applied to the BSE and NSE for the reclassification of Chaitak Sales Private Limited and Dailmer Industries Private Limited from 'Promoter Group' to 'Public Shareholder' category. This application is made pursuant to Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The entities in question currently hold zero shares and 0.00% shareholding in the company. This update follows earlier intimations dated September 22nd and 23rd, 2026. The company will also make this information available on its website.

Laser Power & Infra Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is effective from Thursday, October 15, 2026, and will continue until 48 hours after the declaration of the company's unaudited financial results for the quarter and half-year ended September 30, 2026. The company will inform the date of the board meeting to approve these results in due course. The announcement aligns with SEBI regulations and the company's internal code of conduct regarding insider trading.

Laser Power & Infra Ltd has received a Provisional Letter of Intent (LOI) from West Bengal Industrial Development Corporation (WBIDC) for the allotment of approximately 40 acres of land at Vidyasagar Industrial Park, Kharagpur. This land, to be leased for 99 years, will be used to set up a manufacturing facility for Integrated Power Cables and Conductors. The company needs to complete formalities as per the LOI. This expansion is expected to strengthen its position in the power infrastructure sector, increase manufacturing capacity, and improve supply chain efficiencies.

Laser Power & Infra Ltd announced the outcome of its Board Meeting held on September 23, 2026. The Board approved the reclassification requests from Chaitak Sales Private Limited and Dailmer Industries Private Limited, moving them from the Promoter Group to Public Shareholder category, subject to stock exchange approval. Additionally, the Board accepted the resignation of Mr. Debendra Banthiya as Company Secretary and Compliance Officer, effective October 5, 2026, due to personal reasons and career aspirations outside the company.

Laser Power & Infra Limited has received requests from two entities, Chaitak Sales Private Limited and Dailmer Industries Private Limited, to be re-classified from the 'Promoter Group' category to 'Public Shareholder' category. These entities currently hold 0 shares and 0.00% shareholding in the company. The requests are subject to the consideration and approval of the Board of Directors and will be processed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 31A.

Laser Power & Infra Limited (LPIL) announced its financial results for Q1 FY27, reporting a 14.8% year-on-year increase in revenue from operations to ₹5,215 million. EBITDA grew by 25.7% YoY to ₹659 million, with EBITDA margins at 12.6%. Profit After Tax (PAT) stood at ₹211 million, a 28.8% YoY increase, resulting in a PAT margin of 4.1%. The company highlighted a strong order book of ₹27,884 million and secured its first commercial HTLS reconductoring order under the TS Conductor technology partnership. Management expressed optimism regarding future growth driven by investments in the power infrastructure sector.