Company Disclosure
Evans Electric Ltd. (Scrip Code: 542668, ISIN: INE06TD01010) has made a disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding receipt of a material order.
Contract Details
- Awarding Entity: MARC Thailand Co. Ltd. (International entity)
- Contract Value: USD 114,400 (United States Dollars One Hundred Fourteen Thousand Only)
- Indian Rupee Equivalent: ₹1,09,54,480 (One Crore Nine Lakh Fifty Four Thousand Four Hundred Eighty) at conversion rate of USD 114,400 × 95.76
- Nature of Contract: Works Contract
- Scope: Manufacture and Supply of 110 Resin Rich stator coils for NISHISHIBA make 37500kVA, 11kV, 1500 RPM, 4 pole synchronous generator
- Warranty Period: 24-month guarantee included
- Execution Timeline: 35-40 days from order receipt
Transaction Characteristics
- Geography: International transaction (awarded by international entity)
- Related Party Status: Not a related party transaction
- Promoter Interest: No interest by promoter/promoter group/group companies in the entity awarding the contract
- Arm's Length: Transaction conducted at arm's length
Disclosure Metadata
- Disclosure Date: August 20, 2026
- Regulatory Reference: SEBI (LODR) Regulations, 2015 - Regulation 30
- Authorized Signatory: Ivor Anthony Desouza (Director, DIN: 00978987)
- Company Address: 501/B - Wing, Raj Residency, Gujar Lane, Off S. V. Road, Santa Cruz (West), Mumbai 400054
Financial Impact
The order represents a confirmed revenue opportunity of USD 114,400 (₹1.09 crore) to be recognized upon execution within the specified 35-40 day period.