Indo Tech Transformers Limited — New Orders, 31-12-2024: Bagging/Receiving of orders/contracts

Indo-Tech Transformers Limited has secured a Letter of Intent (LOI)/Purchase Order (PO) for the supply of 13 units of 150 MVA transformers, with an aggregate order value of INR 117.17 Cr, plus applicable taxes. This domestic order requires execution as per a month-wise delivery schedule, with the final delivery expected by December 2025. The transaction is classified as a material event by the company, given its significance compared to routine business transactions. No interests from the promoter or related parties were reported concerning this order, reinforcing a positive outlook for Indo-Tech as it expands its operational capacity and revenue potential.