Shivalic Power Control Limited — Updates, 07-03-2025: Press Release

Shivalic Power Control Limited has been awarded a significant order from GMT Industries Limited, valued at approximately ₹300 crore. This commercial order involves the supply of LT panels and is scheduled for completion by May 2025. The award indicates a strengthening of business relationships within the domestic market, presenting an opportunity for sustained revenue flow. With no related party transaction implications, this order is expected to enhance Shivalic's market positioning and operational capabilities. Investors should view this development positively, as it reflects the company's growth trajectory and potential for future contracts in similar sectors.