Arfin India has secured a significant contract from Dakshin Gujarat Vij Company Limited for the supply of AAAC (All Aluminium Alloy Conductor) conductors. The company received a master acceptance letter confirming this substantial order worth approximately ₹85.59 crores under Regulation 30 disclosure requirements.

Contract Specifications

The contract encompasses the supply of AAAC conductors with an aggregate quantity of 20,400 KM. The order is structured for execution over seven months from May 2026 to November 2026, with supplies scheduled on a monthly basis. The order value is subject to variation in accordance with prevailing market rates during the execution period.

Regulatory Compliance

Arfin India has made the disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that none of the promoter, promoter group, or group companies have any interest in Dakshin Gujarat Vij Company Limited, and the order does not fall within the purview of related party transactions.

Business Impact

This order represents a substantial addition to Arfin India's order book in the power transmission and distribution segment. AAAC conductors are critical components in electrical power transmission systems, widely used for overhead power lines due to their superior strength-to-weight ratio and corrosion resistance properties. The contract with a Government of Gujarat undertaking validates the company's manufacturing capabilities and quality standards in the conductor segment.

Arfin India Limited has announced its decision to invest up to ₹3,00,00,000 in the rights issue of its wholly owned subsidiary, Arfin Titanium & Speciality Alloys Limited. The company disclosed this material development to stock exchanges in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment Details

The subscription will support the subsidiary's business operations and growth requirements in the metal manufacturing sector. The investment represents a strategic move to strengthen the group's presence in the non-ferrous metals segment.

About the Subsidiary

Arfin Titanium & Speciality Alloys Limited operates in the manufacturing and trading of non-ferrous metals. The company was incorporated on 14th January, 2025, making it a relatively new entity within the Arfin group structure.

Regulatory Compliance

The transaction has been structured as an arm's length deal between related parties. The company confirmed that promoters and promoter group entities have no interest in the subsidiary beyond their shareholding in Arfin India Limited. No governmental or regulatory approvals are required for this investment.

Strategic Impact

The rights issue subscription will enable the subsidiary to access necessary capital for its operations while maintaining its status as a wholly owned subsidiary of Arfin India Limited. The investment aligns with the parent company's strategy to expand its footprint in specialized metal manufacturing segments.

The completion timeline will follow the schedule specified in the subsidiary's rights offer document. This investment demonstrates Arfin India's commitment to supporting its subsidiary operations and expanding its business portfolio in the metal manufacturing industry.