Power Mech Projects Limited has successfully secured a major order worth ₹7.10 billion from Adani Infrastructure Management Services Limited, part of the Adani Group. The comprehensive contract involves Operations and Maintenance services including overhauling at a 5x660MW Thermal Power Plant located at Tiroda, Maharashtra.

Contract Specifications

The company announced the receipt of this substantial domestic contract through a regulatory filing under SEBI Master Circular requirements. The order represents a significant addition to Power Mech Projects' order book and demonstrates its capabilities in large-scale power plant operations.

Scope of Work

The contract encompasses KPI-based Operations and Maintenance services including comprehensive overhauling activities at the thermal power facility. The scope covers all essential maintenance operations required to ensure optimal plant performance and reliability over the contract period.

The detailed service specifications are governed by tender documents, clarifications, and various correspondences exchanged between the parties, with later documents taking precedence in case of any ambiguities.

Business Impact

This significant order win strengthens Power Mech Projects' position in the power sector and provides substantial revenue visibility for the next five years. The contract duration from April 2026 to March 2031 ensures steady business operations and cash flow generation.

The company confirmed that this is not a related party transaction and that promoter groups have no interest in the awarding entity, ensuring the deal was conducted at arm's length principles.

Company Profile

Power Mech Projects Limited operates as an ISO certified company (ISO 14001:2015, ISO 9001:2015 & ISO 45001:2018) specializing in engineering and construction services. The company's ability to secure high-value contracts from leading industrial groups demonstrates its technical expertise and market credibility in the power sector.

Power Mech Projects Limited has officially changed its Registrar and Share Transfer Agent (RTA) from KFin Technologies Limited to Venture Capital and Corporate Investments Private Limited, effective March 09, 2026. The company notified both NSE and BSE about this regulatory change under SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Documentation

The RTA change was implemented in compliance with Regulation 7 & 30 of SEBI regulations, following the company's initial intimation dated February 10, 2026. Both major depositories have confirmed the transition in their systems.

New RTA Contact Information

Venture Capital and Corporate Investments Private Limited is now handling all shareholder services from their Hyderabad facility. The new RTA operates from "AURUM", located at Door No. 4-50/P-II/57/4F & 5F, Plot No. 57, 4th & 5th Floors, Jayabheri Enclave Phase – II, Gachibowli, Hyderabad – 500 032.

Contact Details

• Email: investor.relations@vccipl.com
• Phone: +91 040 23818475 / 23818476
• Website: https://www.vccipl.com/

Depository Confirmations

National Securities Depository Limited issued confirmation on March 06, 2026, stating that KFin Technologies Limited would cease electronic connectivity services from beginning of day March 09, 2026, with Venture Capital and Corporate Investments Private Limited commencing services the same day.

Central Depository Services (India) Limited confirmed the RTA change in their system on March 09, 2026, noting that the previous tri-partite agreement with KFin Technologies Limited now stands cancelled.

Transition Process

The company has advised all stakeholders and concerned persons to direct future correspondence and requests relating to securities to the new RTA's address. Company Secretary M. Raghavendra Prasad signed the regulatory filing, confirming that a new tripartite agreement between Power Mech Projects Limited, the former RTA, and the new RTA is currently in process and will be completed in due course.

This administrative change ensures continued efficient handling of shareholder services while maintaining compliance with SEBI regulations for listed companies.