Indo Tech Transformers Limited — New Orders, 31-12-2024: Awarding of order(s)/contract(s)

Indo-Tech Transformers Limited has received a Letter of Award for the supply of three 192 MVA transformers, with a total order value of INR 32.32 Crores plus applicable taxes. This domestic contract is expected to be executed with two transformers due in November 2025 and one in December 2025. The significance of this order relative to the company's usual business transactions classifies it as a material event, highlighting potential growth opportunities. Investors should note this development as it may enhance the company's revenue outlook in the coming years.