Transformers and Rectifiers Receives Large DVC Order

Core Announcement – Order Details

Awarding Entity: Damodar Valley Corporation

Domestic/International Order: Domestic Entity

Nature of Order/Contract: Manufacturing and supply of 500MVA and 200 MVA Auto Transformers and its related work. The order shall be executed in accordance with the terms and conditions stipulated in PO.

Order Value: Large Orders* (as per company classification: Rs. 100 Cr to Rs. 500 Cr, excluding GST)

Materiality Context: Classified as "Large Orders" per the Company's order classification policy.

Execution Timeline: Scheduled delivery within 15 to 28 months.

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No. The said order falls under the normal course of business and does not fall within related party transactions.

Promoter Group Involvement: No. The Promoter/Promoter Group/Group companies does not have any interest in these entities that awarded the orders.

Financial Implication: Not Specified