Aartech Solonics Limited demonstrated strong operational performance during the third quarter, securing major domestic orders from leading public sector undertakings and expanding its international footprint across Middle Eastern and African markets. The company's achievements during this period highlight its operational resilience, particularly following the recent fire incident at its Mandideep facility.

Major Domestic Order Wins

The company secured several high-value orders from prominent Indian utilities and public sector organizations during the quarter:

These orders represent significant milestones for Aartech Solonics, including breakthrough wins in advanced substation automation and high-voltage segments. The HSBT systems for IOCL are particularly critical for ensuring uninterrupted operations in the petrochemical industry.

International Expansion and Global Recognition

Aartech Solonics strengthened its global presence through strategic international wins and industry recognition. The company secured a landmark order from JSIS (Jindal Shaheed Iron & Steel) Oman and successfully dispatched a CLIP (Critical Limiting Protection) system to Qatar. The CLIP system represents an intelligent solution designed to detect faults and instantly isolate affected sections, ensuring uninterrupted power supply to healthy loads.

The company achieved another significant milestone by executing its first export supply of Control & Relay Panels to Africa, marking an important step in its global expansion strategy. Additionally, BestCase Enclosures, a division of Aartech Solonics, received recognition among the top 25 plastic enclosure manufacturers worldwide, reinforcing the company's global standing in high-quality industrial housing solutions.

Management Commentary

Vivek Attri, Chief Marketing Officer, emphasized the company's operational resilience and growth trajectory. He highlighted that delivering record-breaking project executions and securing high-value orders from organizations such as IOCL and PSPCL immediately following the Mandideep incident demonstrates the team's technical expertise and growth-focused mindset. The successes in Oman, Qatar, and the global recognition of BestCase Enclosures mark the company's evolution from a strong domestic player to a growing global force in power automation.

Operational Resilience

Despite facing challenges from the recent fire incident at its Mandideep facility, Aartech Solonics maintained its operational capabilities and continued to execute projects successfully. The company's ability to secure new orders and expand internationally during this period underscores its leadership in power system protection and demonstrates strong operational resilience across its business segments.

Aartech Solonics Limited , a company known for its engineering solutions, experienced a significant setback on October 16, 2025, when a fire broke out at its manufacturing unit in Mandideep, Madhya Pradesh. The incident, which occurred around 8:30 P.M., has temporarily disrupted operations at the facility.

Incident Details

The fire incident resulted in damage to various assets of the company, including:

• Inventories
• Plant machinery
• Buildings
• Furniture

Despite the severity of the fire, it was brought under control within approximately four hours, thanks to the combined efforts of the fire-fighting team and company employees. Importantly, no casualties or injuries were reported during the incident.

Company Response and Insurance

Aartech Solonics has taken prompt action in response to the incident:

1. The company has notified the insurance company about the fire.
2. An insurance survey is expected to be conducted to assess the extent of loss and damage.
3. Steps are being taken to restore normal operations at the plant as quickly as possible.

The company has assured stakeholders that it has adequate insurance coverage in place for such incidents.

Impact Assessment

While the full extent of the damage is still being evaluated, the company has provided some initial information:

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Aartech Solonics has promptly informed the National Stock Exchange of India Limited and BSE Limited about the incident. The company has committed to providing further updates on any material developments related to this incident.

As the situation unfolds, stakeholders and investors will be closely watching how quickly Aartech Solonics can resume normal operations and the potential impact on its financial performance in the coming quarters.