Chiraharit Limited Receives ₹1.07 Crore Order from Sterling and Wilson Renewable Energy
Chiraharit Limited has secured a purchase order worth ₹1,06,71,774.71 from Sterling and Wilson Renewable Energy Limited for supply and installation of pipes & fittings in Gujarat. The domestic contract includes both supply and installation services, with execution planned within agreed timelines. The company confirmed this is an arm's length transaction with no related party implications, disclosed in compliance with SEBI regulations on March 7, 2026.

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Chiraharit Limited has announced receiving a substantial purchase order from Sterling and Wilson Renewable Energy Limited, marking a significant business development for the Hyderabad-based company. The order, valued at ₹1,06,71,774.71, involves the supply and installation of pipes & fittings, demonstrating the company's capabilities in the renewable energy infrastructure sector.
Order Details and Scope
The contract encompasses comprehensive services including both supply and installation components. The project will be executed in Gujarat, expanding Chiraharit's operational footprint in the western region of India.
| Parameter | Details |
|---|---|
| Order Value | ₹1,06,71,774.71 |
| Client | Sterling and Wilson Renewable Energy Limited |
| Nature of Work | Supply and installation of pipe & fittings |
| Location | Gujarat |
| Contract Type | Domestic |
| Installation Services | Yes |
Regulatory Compliance and Disclosure
Chiraharit Limited made this disclosure on March 7, 2026, in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Pavankumar Bang, Managing Director and CEO, ensuring proper corporate governance protocols.
Transaction Independence
The company has confirmed that this order represents an arm's length transaction with no related party implications. Key aspects of the transaction independence include:
- No promoter or promoter group interest in the awarding entity
- No related party transaction classification
- Standard commercial terms and conditions
- Execution within agreed timeline as per purchase order
Business Impact
This order reinforces Chiraharit's position in the renewable energy infrastructure segment, particularly in pipe and fitting solutions. The contract with Sterling and Wilson Renewable Energy Limited, a prominent player in the renewable energy sector, validates the company's technical capabilities and service delivery standards. The project's scope includes installation services, indicating Chiraharit's comprehensive service offerings beyond mere supply operations.
Historical Stock Returns for Chiraharit
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.90% | -5.87% | -10.77% | -54.82% | -54.82% | -54.82% |































