RMC Switchgears Limited has received 12 Letters of Award (LOA) from Southern Power Distribution Company of Telangana Limited for the supply of LT Distribution Boxes worth ₹2,44,46,650/- (Two Crore Forty Four Lakhs Forty Six Thousand Six Hundred Fifty Rupees only).
The contract is a domestic order awarded by a domestic entity. The nature of the contract is a Letter of Intent for the supply of LT Distribution Boxes. The time period for execution is 12 months after commencement of the contract.
Key terms confirmed:
- No interest by promoter/promoter group/group companies in the entity that awarded the contract
- The order does not qualify as a related party transaction
- Transaction is not subject to arm's length requirements
The company states that this order strengthens its order book and is expected to contribute positively to revenue and growth prospects. The company will update the stock exchange on further material developments as required under SEBI regulations.
The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The intimation was signed by Shivani Bairathi, Compliance Officer & Company Secretary (ACS: 42636) on behalf of RMC Switchgears Limited.