Atlanta Electricals Limited has achieved a significant milestone by receiving approval from Power Grid Corporation of India Limited (PGCIL) for manufacturing up to 400KV class transformers at its Vadod facility. This development positions the company to participate in large Extra High Voltage (EHV) tenders and supports India's grid modernization initiatives.

Regulatory Approval and Facility Capabilities

The PGCIL approval represents a pivotal achievement reached within one year of establishing the Vadod facility. The approval validates Atlanta Electricals' technical capabilities and commitment to EHV class transformer supplies, subject to meeting qualifying requirements for 400KV transformers and completion of short-circuit testing.

The facility had previously received NABL accreditation for in-house testing of units up to 400KV, demonstrating the company's comprehensive testing capabilities. The combination of both PGCIL and NABL approvals enables Atlanta Electricals to compete in large EHV tenders and work toward achieving peak 63,000 MVA utilization.

Strategic Market Position

Mr. Niral Patel, Chairman and Managing Director of Atlanta Electricals Limited, emphasized that the approval validates the company's recent investments in the Vadod facility. He noted that the certification enables production of high-MVA units at scale, which is critical for India's grid modernization and renewable energy evacuation requirements.

The approval supports Atlanta Electricals' growth strategy in the renewable energy sector and aligns with India's substantial transmission infrastructure investment plan of INR 9.60 trillion through 2032. This positioning allows the company to participate in the expanding market for grid modernization and capacity expansion projects.

Company Background and Manufacturing Capabilities

Atlanta Electricals Limited operates with over 30 years of industry experience, maintaining a diversified portfolio that includes power transformers, auto transformers, and inverter duty transformers. The company manufactures and supplies power transformers ranging from 5 MVA/11 kV up to 500 MVA/765 kV across five facilities located in Gujarat and Karnataka.

As of December 31, 2025, the company has supplied 4,710 transformers with a total capacity of 1,07,229 MVA across India. This track record demonstrates Atlanta Electricals' established presence in the transformer manufacturing sector and its capability to serve India's power infrastructure requirements.

Market Implications

The PGCIL approval enhances Atlanta Electricals' competitive position in the EHV transformer market, particularly for projects involving renewable energy integration and grid strengthening. The certification enables the company to participate in large-scale transmission projects that require high-capacity transformers for efficient power evacuation and distribution.

This development supports the company's strategy to capitalize on India's expanding transmission infrastructure investments and the growing demand for reliable transformer solutions in the renewable energy sector.

Atlanta Electricals Limited has informed stock exchanges about receiving regulatory approval for the conversion of its wholly owned subsidiary from a private limited company to a public limited company structure.

Regulatory Approval Details

The company announced that Atlanta Trafo Private Limited, its wholly owned subsidiary, has received approval from the Registrar of Companies, Ministry of Corporate Affairs, for conversion to a public limited company. This approval was communicated to both BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholding Structure Unchanged

Atlanta Electricals Limited has confirmed that the conversion does not impact the shareholding structure of the subsidiary. The company explicitly stated that there is no change in its shareholding in Atlanta Trafo Limited pursuant to the conversion, and the entity continues to remain a wholly owned subsidiary.

Corporate Compliance

The intimation was made in compliance with regulatory requirements under SEBI LODR Regulations. The announcement was signed by Tejal S. Panchal, Company Secretary & Compliance Officer of Atlanta Electricals Limited, and digitally authenticated on 16th March, 2026.

This corporate restructuring represents a formal change in the subsidiary's legal status while maintaining the existing ownership structure and operational control under Atlanta Electricals Limited.