TARIL Bags Large Domestic Order from GETCO

Core Announcement – Order Details

Awarding Entity: Gujarat Energy Transmission Corporation Limited (GETCO)

Domestic/International Order: Domestic Entity

Nature of Order/Contract: Manufacturing and supply of 80 MVAR, 125 MVAR Shunt Reactors, 500MVA Auto Transformers and its related work. The order shall be executed in accordance with the terms and conditions stipulated in the Letter of Award (LOA).

Order Value: Classified as "Large Orders" per the Company's policy. The company's classification defines Large Orders as ranging from Rs. 100 Crore to Rs. 500 Crore (excluding GST).

Materiality Context: The order is explicitly classified as a "Large Order" under the company's internal project classification system.

Execution Timeline: Scheduled delivery within 24 to 30 months from the date of the disclosure.

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified beyond execution according to LOA terms.

Whether Related Party Transaction: No. The disclosure explicitly states that the order falls under the normal course of business and does not constitute a related party transaction.

Promoter Group Involvement: No. The promoter/promoter group/group companies do not have any interest in Gujarat Energy Transmission Corporation Limited.

Financial Implication: Not Specified beyond the order size classification.