Alfa Transformers Limited Schedules Board Meeting on May 30, 2026 to Approve FY26 Audited Financial Results

Alfa Transformers Limited has informed BSE Limited of a scheduled Board of Directors meeting on Saturday, May 30, 2026, at 3:00 P.M. The intimation, dated May 18, 2026, was filed under Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary purpose of the meeting is to consider, approve, and take on record the Audited Standalone Financial Results of the company for the quarter and year ended March 31, 2026.

Board Meeting Agenda

The Board of Directors is set to deliberate on a range of significant matters during the upcoming meeting. The following items have been listed on the agenda:

Agenda Item:	Details
Financial Results:	Audited Standalone Financial Results for the quarter and year ended March 31, 2026
Statutory Auditor:	Appointment
Internal Auditor:	Appointment
Secretarial Auditor & Scrutinizer:	Re-appointment
Independent Directors:	Re-appointment
Other Business:	Any other business with the permission of the Chair

Trading Window Closure

In continuation of its earlier intimation dated March 23, 2026, Alfa Transformers has further informed that the trading window for dealing in the company's securities shall remain closed until 48 hours after the declaration of the audited financial results. This measure is in accordance with applicable SEBI regulations governing insider trading restrictions during periods of unpublished price-sensitive information.

Company Overview

Alfa Transformers Limited is an ISO 9001:2015 certified company with manufacturing plants located at Mancheswar Industrial Estate, Bhubaneswar, Odisha, and at G.I.D.C Estate, Waghodia, Vadodara. The filing was signed by Choudhury Sanjay Kumar Das, Compliance Officer and Company Secretary (M. No.: A29331), on May 18, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	-13.84%	+3.22%	-36.32%	+250.61%

Alfa Transformers Limited has secured a domestic contract worth Rs.8,14,69,356 from TP Western Odisha Distribution Limited (TPWODL), a joint venture of Tata Power and the Government of Odisha. The contract, released on 8th May 2026, pertains to the supply of various capacity distribution transformers and is to be executed by 05.05.2028. The company disclosed this development to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated 12.05.2026.

Contract Overview

The key parameters of the contract are summarised below:

Parameter:	Details
Awarding Entity:	TP Western Odisha Distribution Limited (TPWODL)
Nature of Contract:	Supply of Various Capacity of Distribution Transformers
Contract Type:	Domestic
Contract Value:	Rs.8,14,69,356
Contract Number:	6200008242
Release Date:	08.05.2026
Validity Start:	06.05.2026
Validity End:	05.05.2028
Promoter Interest in Awarding Entity:	No
Related Party Transaction:	No

Scope of Supply

The contract is structured as a rate contract for the supply of distribution transformers across seven variants, covering both aluminium (AL) and copper (CU) winding types at 11 kV and 33 kV voltage levels. The schedule of items, quantities, and unit rates as per Annexure I is detailed below:

Sr No:	Description:	HSN/SAC Code:	Unit:	Rate (INR):
1	TRANSFORMER 63KVA 11/.4KV AL	8504	EA	1,47,537.00
2	TRANSFORMER 100KVA 11/.4KV AL	8504	EA	1,88,388.50
3	TRANSFORMER 250KVA 11/.4KV CU	8504	EA	6,16,212.50
4	TRANSFORMER 500KVA 11/.4KV CU	8504	EA	12,45,162.27
5	TRANSFORMER 1000 KVA 11/0.43 KV CU	8504	EA	18,52,087.38
6	TRANSFORMER 100KVA 33/0.4KV CU	8504	EA	4,58,700.55
7	TRANSFORMER 1250KVA 33/ 433KV CU	8504	EA	22,51,138.42

All unit rates are exclusive of GST. CGST and SGST are applicable at 9.00% each on all items.

Key Contract Terms and Conditions

The contract is governed by a set of detailed riders as outlined in Annexure II. The principal terms include:

Price Variability: Prices are variable as per IEEMA, with 15th July 2025 as the base date for Price Variation (PV) calculation (IEEMA Circular – June 2025).
Performance Bank Guarantee (PBG): PBG of 5% of the rate contract value to be submitted within 21 days of issuance. For MSME entities registered in the State of Odisha, PBG shall be 25% of the value normally prescribed.
Guarantee Period: 66 months from the date of last supply.
Delivery Period: 120 days + 15 days (considering drawing/GTP approval) from the date of receipt of the release order for the first lot; 120 days from the release order date for remaining lots.
Payment Terms: 100% payment within 60 days of submission of error-free invoice; 45 days for MSME entities as per MSME guidelines.
Liquidated Damages (LD): LD of 1% of contract value per week of delay on undelivered quantity, subject to a maximum of 10% of the total contract value.
RC Value Enhancement: In case actual utilisation exceeds projections, the cumulative rate contract value may be enhanced at the same rates and conditions, subject to a maximum of 25% of the overall amount.

About the Awarding Entity

TP Western Odisha Distribution Limited (TPWODL) is a joint venture of Tata Power and the Government of Odisha, with its registered and corporate office located at Burla, District Sambalpur, Odisha – 768 017. The contract was referenced against the original tender TPCODL/CCG/2025-26/1000003845, along with the General Conditions of Contract (GCC) of TPWODL, corrigendum, pre-bid query responses, and post-bid discussions.

Alfa Transformers Limited, an MSME entity based in Bhubaneswar, Odisha, holds ISO 9001:2015 certification and is registered under GSTN No. 21AAACD7888C1ZT. The company confirmed that the awarding entity has no promoter or promoter group interest, and the contract does not constitute a related party transaction.