Accord transformer & switchgear Limited has notified BSE Limited about significant updates to its corporate records following its listing on the Bombay Stock Exchange SME Platform. The company announced changes to its Corporate Identification Number and listing status in the Ministry of Corporate Affairs master data on April 04, 2026.

Corporate Identification Number Update

The company's CIN has been officially changed from U31500HR2014PLC052544 to L31500HR2014PLC052544. This change reflects the company's transition and updated status with the Registrar of Companies, Haryana. The modification was processed following the company's application to the relevant authorities.

Listing Status Revision

Accord Transformer & Switchgear's listing status has been updated from "No" to "Yes" in the MCA Master Data, confirming its active listing on the BSE SME Platform. This change formally recognizes the company's public listing status in official government records.

Company Financial Structure

The updated MCA master data reveals the company's current financial structure and compliance status. As of the latest records, Accord Transformer & Switchgear maintains active compliance status with the regulatory authorities.

Regulatory Compliance

The notification was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that copies of the updated Master Data from the MCA portal have been shared with BSE and will be uploaded on the company's website for stakeholder reference.

Accord Transformer & Switchgear operates from its registered office in Manesar, Haryana, and maintains manufacturing facilities in Rajasthan. The company is managed by Managing Director Pradeep Kumar Verma and continues to maintain its active status with ROC Haryana.

Accord transformer & switchgear Limited has signed a strategic Memorandum of Understanding with the Western Administrative District of the City of Moscow, Russian Federation, marking a significant milestone in the company's international expansion journey. The agreement was formally executed on March 22, 2026, in Haryana, India, establishing a comprehensive framework for industrial cooperation and energy infrastructure development.

Strategic Partnership Framework

The MOU creates a non-binding strategic partnership focused on strengthening industrial ties and promoting sustainable energy solutions between the two regions. This collaboration reflects a shared vision to accelerate growth in power infrastructure and related sectors across both India and Russia.

Collaboration Areas

The strategic partnership encompasses multiple key areas designed to foster comprehensive cooperation:

Energy Infrastructure Development: The partnership will focus on joint efforts in supply, installation, and commissioning of transformers, distribution systems, switchgear, and related electrical equipment. This collaboration aims to enhance the energy infrastructure capabilities in both regions.

Manufacturing and Industrial Cooperation: Both parties will explore opportunities for joint ventures, local assembly units, and manufacturing facilities in Moscow. This initiative is designed to enhance localization and production capabilities while strengthening the manufacturing ecosystem.

EPC Projects: The agreement covers collaboration on large-scale Engineering, Procurement & Construction projects, including substations and industrial power systems. These projects will be executed in coordination with government and public sector entities.

Technology Exchange and Development

The MOU emphasizes technology transfer and skill development as core components of the partnership:

• Exchange of technical expertise in transformer manufacturing
• Training programs and capacity-building initiatives
• Smart grid technology development
• Energy-efficient technology solutions
• Structured business delegations and technical discussions

Leadership Perspective

Mr. Pradeep Kumar Verma, Chairman & Managing Director of Accord Transformer & Switchgear Limited, highlighted the significance of this partnership. He stated that the MOU represents a significant milestone in the company's journey toward global expansion, opening new avenues for technology exchange, infrastructure development, and international market access. The leadership expressed confidence that this partnership will contribute meaningfully to strengthening energy ecosystems while driving sustainable and inclusive growth.

Company Profile

Accord Transformer & Switchgear Limited operates as a leading provider of comprehensive energy solutions, specializing in design, manufacturing, installation, and commissioning of transformers, substations, and switchgear systems. The company maintains advanced manufacturing facilities in Bhiwadi and has established a strong presence across power transmission, renewable energy, and industrial sectors, committed to delivering reliable and efficient infrastructure solutions.