JTL Industries announced on Monday, January 12, that it has secured a significant order from Punjab State Transmission Corporation Limited (PSTCL) for critical power transmission infrastructure components. The contract encompasses manufacturing, fabrication and galvanisation of 220kV transmission tower material and substation structures.

Order Details and Execution Timeline

The order has been awarded by PSTCL, a domestic entity, with execution scheduled within FY 2025-26. As disclosed under Regulation 30 of the SEBI Listing Regulations, this represents a one-time contract that does not fall under related party transactions.

The company confirmed that neither the promoter nor the promoter group has any interest in the awarding entity, ensuring complete transparency in the transaction.

Strategic Significance in Power Transmission Segment

This development underscores JTL Industries' continued engagement in the power transmission segment, with the order covering critical infrastructure components required for high-voltage grid projects. The comprehensive scope includes manufacturing, fabrication and galvanisation services, aligning perfectly with the company's established operational capabilities in the transmission tower business.

Strong Market Response

Following the order announcement, investor sentiment remained exceptionally strong, with the stock recording a sharp rally during the trading session. JTL Industries emerged as one of the top gainers on the NSE, rising 20% amid robust buying interest from market participants.

The stock's performance reflects strong market confidence in the company's order execution capabilities and its strategic positioning in the power transmission infrastructure sector.

JTL Industries Limited has completed a significant inter-se transfer of equity shares between promoter group members, with comprehensive regulatory disclosures submitted to SEBI and stock exchanges. The transaction involves the transfer of 87,93,428 equity shares representing 2.24% of the company's paid-up share capital.

Transaction Details

The share transfer was executed as a gift transaction between immediate relatives within the promoter group. Key transaction parameters are outlined below:

Shareholding Impact

The inter-se transfer resulted in a redistribution of shareholding within the promoter group while maintaining the overall group holding at 49.26%. The transaction significantly increased Pranav Singla's individual stake in the company.

Regulatory Compliance Framework

The transaction was executed under the exemption provided in Regulation 10(1)(a)(i) of SEBI SAST Regulations, 2011, which covers inter-se transfers between immediate relatives. The company ensured full compliance with all regulatory requirements:

• Prior Intimation: Filed under Regulation 10(5) on December 3, 2025
• Post-Transaction Disclosure: Submitted under Regulation 10(6) on December 12, 2025
• SEBI Report: Filed under Regulation 10(7) on January 6, 2026
• Fee Payment: ₹1,77,000 (including GST) paid to SEBI

Company Information

JTL Industries Limited maintains its listing on both major Indian stock exchanges with the following trading details:

The company's total equity share capital stands at ₹39,30,81,630, comprising 39,30,81,630 equity shares of ₹1.00 each. The transaction maintains the stability of the promoter group's collective shareholding while facilitating internal restructuring of individual holdings.

Documentation and Transparency

The comprehensive disclosure includes detailed annexures covering all aspects of the transaction, including shareholding patterns of all promoter group members, compliance certificates, and payment confirmations. The transaction exemplifies transparent corporate governance practices with proactive regulatory compliance, ensuring all stakeholders remain fully informed about changes in promoter group shareholding patterns.