Regulatory Disclosure Details
Investor Meeting Details
Mr. Rajinder Kaul, Managing Director of the Company, is scheduled to meet with institutional investor/analyst Veloce Opportunities on October 17, 2026 at 09:45 AM. The meeting will be conducted In Person at Surat, Gujarat as a Group Call. The discussions will be based on publicly available information and no unpublished price sensitive information (UPSI) will be shared. The schedule is subject to change due to exigencies.
Business Updates and Orders
Smart Grid Order for PVVNL, Varanasi
- Client: Paschimanchal Vidyut Vitran Nigam Ltd (PVVNL)
- Partnership: In partnership with L&T under RDSS (Revamped Distribution Sector Scheme) - Varanasi
- Scope: Deploying nearly 1,000 smart IoT-enabled Fault Passage Indicators
- Purpose: Enhance reliability, automation and grid intelligence
- Features: Make in India solution, import substitute, improved distribution reliability, network visibility
Feeder Automation Project for DGVCL, Gujarat
- Client: Dakshin Gujarat Vij Company Limited (DGVCL)
- Scheme: Under RDSS (Revamped Distribution Sector Scheme)
- Product: Supplying 11 kV sectionalizers
- Purpose: Strengthen distribution automation and build smarter, resilient power networks for South Gujarat network
- Impact: Improved grid visibility, faster outage management, stronger service reliability
- Automated Fault Management Process: Automated fault detection on feeder → Faulty section isolated automatically → Supply restored to healthy sections
Export Order - Kuwait
- Client: Kuwait National Petroleum Company (KNPC)
- Product: Distribution & Automation Panels
- Execution: Won by group company Contronics Switchgear India Pvt Ltd, Sharika's panel-manufacturing subsidiary at Noida
- Significance: Indian-made panels for a Middle East oil & gas major
Consultancy Partnership - JSW Steel
- Client: JSW Steel
- Project: Reactive Power Management System Studies
- Location: JSW Vijayanagar steel plant, Karnataka
- Order Value: ₹4 Crore
- Role: Sharika appointed as consultancy partner
Additional Context
The document includes visionary statements about India's energy sector transformation, referencing Nandan Nilekani's quote: "Energy is India's next UPI moment" and the concept that "Every home will produce, store & trade energy — just like UPI, for power" through a Digital Energy Grid (DEG).