Accord Transformer & Switchgear concluded a series of one-on-one meetings with institutional investors and analysts in Mumbai on July 29 and 30, 2026. The company disclosed the outcomes of these engagements under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, providing transparency regarding management interactions with market participants.

The sessions were held physically at the company’s Mumbai location, following an initial intimation filed with BSE Limited on July 25, 2026. Management engaged with representatives from six distinct organizations, including asset management companies, investment funds, and private equity firms. Pradeep Kumar Verma, Chairman and Managing Director, authorized the disclosure of the meeting outcomes.

Meeting Outcomes

The company hosted seven separate one-on-one sessions over the two-day period. The attendees included key decision-makers from prominent financial institutions. The detailed schedule of engagements is as follows:

The disclosures confirm that all meetings were conducted in person, allowing for direct dialogue between the company’s leadership and investors. The company has uploaded a copy of this disclosure to its official website for public record.

accord transformer & switchgear reported an order book of ₹159 crore as of July 22, 2026, highlighting sustained demand for its power transmission and distribution equipment. In its Q1 FY27 business update released on July 27, 2026, the company detailed strategic progress including new vendor approvals, international expansion initiatives, and capacity enhancement plans aimed at supporting India’s growing renewable energy and electric mobility sectors.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pradeep Kumar Verma, Chairman and Managing Director, signed the intimation submitted to BSE Limited. The company serves over 1,000 clients across pan-India and global markets, leveraging 12+ years of experience in manufacturing transformers, switchgear panels, compact substations, busducts, cable trays, and EV charging infrastructure.

Key Operational Metrics

The company operates two manufacturing units in Bhiwadi, Rajasthan, with an installed capacity of 1,200+ MVA. The following table outlines key operational data points disclosed in the update:

Strategic Developments

Accord Transformer & Switchgear strengthened its market position through several key partnerships and approvals. The company added Aditya Birla Renewables and UGVCL to its approved vendor list, expanding opportunities in the renewable energy and utility sectors. Additionally, it received vendor approval from PGCIL, enabling participation in power transmission projects across India.

Technological collaborations were deepened through partnerships with Schneider Electric and Lucy Electric for switchgear and compact substation solutions. The company also successfully completed the CPRI Dynamic Short Circuit Test for its 17.6 MVA Inverter Duty Transformer, validating product performance and reliability.

Expansion and International Outlook

Looking ahead, Accord Transformer & Switchgear is developing a new 5,000 MVA transformer manufacturing facility to support future growth. This initiative is supported by the acquisition of 20,300 sq. meters of land for further expansion. On the international front, the company signed an MoU with the Western Administrative District of Moscow to explore business opportunities abroad.

What the Numbers Show

The ₹159 crore order book against a current installed capacity of 1,200+ MVA indicates strong near-term utilization potential. With the ongoing development of a significantly larger 5,000 MVA facility, the company appears positioned to scale operations substantially to meet future demand from power infrastructure and renewable energy clients.