HEG Advanced Materials Subsidiary Receives ₹127.35 Crore Order

Awarding Entity: Indus Towers Limited (formerly Bharti Infratel Limited)

Domestic/International Order: Domestic

Nature of Order/Contract: Supply of Lithium-Ion Battery Banks

Order Value: ₹127.35 Crore (Rupees One Hundred Twenty Seven Crore Thirty Five Lakh only), inclusive of GST

Materiality Context: Not Specified

Execution Timeline: On or before May 31, 2027 or such extended date as may be mutually agreed upon between the parties

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: General conditions as per purchase orders. No specific payment terms or milestone details disclosed.

Whether Related Party Transaction: No. The transaction does not fall under related party transactions.

Promoter Group Involvement: No. The promoter/promoter group/group companies have no interest in the entity that awarded the orders.

Financial Implication: Not Specified