Sharika Enterprises Limited Secures ₹5.43 Crore Purchase Order from LS Cable India

1 min read     Updated on 09 Jan 2026, 03:56 PM
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Naman SScanX News Team
Overview

Sharika Enterprises Limited has received a purchase order worth ₹5.43 crores from LS Cable India Private Limited for supplying 48F OPGW Cable and optical unit. The domestic contract, disclosed under SEBI Regulation 30, has a completion deadline of January 15, 2026. The transaction does not involve any related party connections and represents a significant business development for the power transmission solutions company.

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*this image is generated using AI for illustrative purposes only.

Sharika enterprises Limited has secured a substantial purchase order worth ₹5.43 crores from LS Cable India Private Limited, as disclosed in a regulatory filing under SEBI Regulation 30. The contract involves the supply of 48F OPGW (Optical Ground Wire) Cable and optical unit, marking a significant business milestone for the power transmission solutions provider.

Contract Details and Specifications

The purchase order, valued at ₹5,43,05,702 (Rupees Five Crore Forty-Three Lakh Five Thousand Seven Hundred Two), encompasses the supply of specialized optical ground wire cables. The contract specifications and key parameters are outlined below:

Parameter Details
Contracting Entity LS Cable India Private Limited
Contract Value ₹5,43,05,702
Product Type 48F OPGW Cable and optical unit
Contract Nature Domestic purchase order
Completion Date January 15, 2026

Regulatory Compliance and Disclosure

The announcement was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30. The disclosure follows the guidelines set forth in SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, ensuring transparency in material contract announcements.

Contract Terms and Timeline

The contract is structured as a domestic transaction with a tight execution timeline. Key aspects of the agreement include:

  • Execution Period: The contract must be completed by January 15, 2026
  • Product Focus: Supply of 48F OPGW Cable and optical unit
  • Transaction Type: Standard commercial purchase order
  • Related Party Status: The contract does not constitute a related party transaction

Corporate Governance Aspects

The company has confirmed that neither the promoter, promoter group, nor group companies have any interest in LS Cable India Private Limited, the entity awarding the contract. This ensures the transaction maintains arm's length commercial terms and adheres to corporate governance standards.

The regulatory filing was signed by Pushpa Yadav, Company Secretary & Compliance Officer, and submitted to BSE Limited on January 9, 2026, demonstrating the company's commitment to timely regulatory compliance and stakeholder transparency.

Historical Stock Returns for Sharika Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-1.92%+1.77%+3.68%-18.97%-35.09%+67.48%
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Sharika Enterprises Limited Secures ₹1.77 Crore Solar Street Light Order from NTPC Limited

1 min read     Updated on 05 Jan 2026, 04:26 PM
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Reviewed by
Shriram SScanX News Team
Overview

Sharika Enterprises Limited has secured a ₹1.77 crore order from NTPC Limited for integrated solar street lights in peripheral villages of NTPC Talcher. The contract includes 6-month execution period and 5-year maintenance, with no related party transactions involved. This domestic order strengthens the company's position in renewable energy infrastructure and rural electrification projects.

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*this image is generated using AI for illustrative purposes only.

Sharika Enterprises Limited has announced securing a substantial order from NTPC Limited worth ₹1,77,16,200.00 for solar street lighting infrastructure. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details and Scope

The comprehensive order encompasses the supply, installation, commissioning, and annual maintenance contract (AMC) of integrated solar street lights in peripheral villages of NTPC Talcher. This project represents a significant step in rural electrification and sustainable energy infrastructure development.

Parameter: Details
Contract Value: ₹1,77,16,200.00
Awarding Entity: NTPC Limited
Project Location: Peripheral Villages of NTPC Talcher
Contract Type: Domestic Order
Nature: Supply, Installation, Commissioning and AMC

Project Timeline and Execution

The contract stipulates a structured timeline for project completion and ongoing maintenance responsibilities. The execution phase spans 6 months, followed by an extended maintenance period.

Timeline Component: Duration
Execution Period: 6 months
Annual Operation & Maintenance: 5 years
Total Project Duration: 5 years 6 months

Regulatory Compliance and Disclosure

The company has confirmed that this contract does not involve any related party transactions. Additionally, the promoter, promoter group, or group companies have no interest in NTPC Limited, the entity awarding the contract. This ensures complete transparency and adherence to regulatory requirements.

Key compliance aspects include:

  • No related party transaction involvement
  • No promoter group interest in the awarding entity
  • Full compliance with SEBI disclosure requirements
  • Domestic contract classification

Business Impact

This order reinforces Sharika Enterprises Limited's position in the renewable energy infrastructure sector, particularly in solar-powered street lighting solutions. The project aligns with India's rural electrification initiatives and sustainable energy goals, providing the company with both immediate revenue and long-term maintenance income through the 5-year AMC component.

The contract represents a significant business development for the company, combining immediate installation revenue with recurring maintenance income over the extended operational period.

Historical Stock Returns for Sharika Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-1.92%+1.77%+3.68%-18.97%-35.09%+67.48%
Sharika Enterprises
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