Accord Transformer & Switchgear Ltd has acquired land in Rajasthan for ₹8.85 crore to expand its manufacturing and warehousing capabilities. The total cost of the acquisition, including additional expenses for commission and stamp duty, amounts to ₹10.67 crore. The land, located in Village Shekhpur Aheer, Tehsil Tijara, District Khairthal-Tijara, spans 20,300 square meters. The company stated that this strategic move is aimed at strengthening its operational infrastructure and supporting long-term growth plans.

The transaction is not a related party transaction and does not require prior governmental or regulatory approvals. Accord Transformer & Switchgear Ltd expects the execution of the sale deed to be completed on or before July 07, 2026. The acquisition is intended to facilitate the expansion of manufacturing facilities, testing infrastructure, and other allied business activities, subject to obtaining necessary statutory approvals.

Acquisition Details

The following table outlines the key financial and logistical details of the land purchase:

The company disclosed that the acquired asset will provide adequate land for future expansion in line with its long-term business strategy. As this is an asset purchase, details regarding incorporation and historical turnover of an entity are not applicable.

Accord Transformer & Switchgear Ltd has secured a domestic purchase order worth ₹19.97 crore from a leading private sector EPC company for the supply of wind turbine transformers. The order is for a commercial project involving 3.6 MVA, 33kV/690V and 3.6 MVA, 33kV/950V Wind Turbine Transformers for a wind project located at Gadag-1, Karnataka. The project is scheduled to be completed within five months tentatively.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the specific name of the client is not disclosed due to privacy terms and mutual understanding, though the announcement follows due confirmation of the order.

Order Details

The following table summarises the key parameters of the order secured by Accord Transformer & Switchgear:

Accord Transformer & Switchgear clarified that the orders are routine in nature and have been received in the normal course of business. The company further stated that these orders do not result in any change in the business model, risk profile, or financial position of the company beyond what has already been disclosed in the offer documents.

The company confirmed that there is no interest from the promoter, promoter group, or group companies in the entity that awarded the order. Additionally, the order does not fall within related party transactions.