Power and Instrumentation (Gujarat) Limited has secured an additional work order worth Rs 7,13,69,325.90 from Ajmer Vidyut Vitran Nigam Limited (AVVNL) for the development of distribution infrastructure in Rajasthan. This new contract adds to a previously intimated order of Rs 68,22,00,000, bringing the total aggregate value to Rs 75,35,69,325.90. The project entails the supply, erection, installation, testing, and commissioning of materials for the segregation of 11 KV mixed feeders at Dungarpur Circle under the Revamped Reforms-Based and Results-Linked Distribution Sector Scheme (RDSS) on a turnkey basis.

The company disclosed that the additional order was received against the tender reference AVVNL/RDSS-FS/DPR/TN-162. The project completion schedule is set for 180 days from the date of the award letter. The work is focused on enhancing the distribution infrastructure within the Ajmer Discom region.

Order Details

The following table outlines the financial details of the orders received from the domestic entity:

Regulatory Disclosures

The intimation was submitted to the exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any interest from the promoter, promoter group, or group companies in the entity awarding the contract. Furthermore, the transaction does not fall within related party transactions. Daisy Mehta, Company Secretary, signed the disclosure on May 28, 2026.

Power & Instrumentation (Gujarat) Limited has received a Letter of Intent (LOI) from Greaves Cotton Limited to act as a channel partner for the sales of DG Sets in select cities within Gujarat. The arrangement, effective from May 15, 2026, designates the company as an authorized entity for sales activities in accordance with the terms stipulated in the LOI.

The company believes that this strategic partnership will enhance its business presence in the energy solutions segment and create new growth opportunities within the region. The authorization is granted for a limited duration, providing a focused timeframe for the company to execute its sales strategy.

Key Details of the Arrangement

The disclosure regarding this partnership was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The specific details regarding the scope and validity of the LOI are outlined in the table below.

The partnership with Greaves Cotton Limited marks a significant step for Power & Instrumentation (Gujarat) Limited as it expands its operational capabilities in the power generation sector. The company has stated that there is no withdrawal, cancellation, or suspension of the license, and no penalties are applicable under the current arrangement.