Sylph Technologies Limited has announced a significant business development, securing a substantial purchase order from Nakoda Energy Innovations. The order, valued at Rs 2.31 crore, was received on August 25, 2025, marking a positive stride for the company.

Order Details

The purchase order encompasses the following key aspects:

• Total Value: Rs 2.31 crore
• Execution Timeline: To be completed within 3 months
• Material Specifications:
  • 80 tons of 1.6mm material to be supplied immediately
  • 70 tons of 1.2mm material and the balance of 1.6mm material to be delivered within 7-10 days

Payment Terms and Conditions

Sylph Technologies has outlined the following payment structure for this order:

• 10% advance payment to be made along with the purchase order
• The remaining balance is to be paid before dispatch of each vehicle
• Billing will be based on Kanta weight
• The material finish must adhere to the provided technical specifications

Strategic Implications

This order from Nakoda Energy Innovations represents a domestic transaction and does not involve any related party interests. Specifically:

• The order is from a domestic entity
• There is no involvement or interest from the promoter/promoter group or group companies in Nakoda Energy Innovations
• The transaction does not fall under the category of a related party transaction

Delivery and Logistics

The purchase order includes freight paid up to Jaipur, indicating that Sylph Technologies will cover the transportation costs to this destination. Additionally, the company has emphasized that no cancellation will be allowed once the order is placed, underscoring the commitment to fulfilling this contract.

Market Impact

This significant order could potentially have a positive impact on Sylph Technologies' financial performance for the relevant quarter. The timely execution of this order within the stipulated three-month period will be crucial for the company to recognize the revenue and strengthen its market position.

As per regulatory requirements, Sylph Technologies has duly informed the BSE Limited about this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sylph Technologies Limited has announced a significant business development, securing a substantial purchase order from Oneindig Technologies Limited. The order, valued at Rs 5.02 crore, marks a notable milestone for the company in its pursuit of growth and expansion.

Order Details

The purchase order, received on August 6, encompasses the supply of materials and services, all of which must adhere to the specifications set by the Ministry of New and Renewable Energy (MNRE) and comply with HAREDA (Haryana Renewable Energy Development Agency) mandates. This requirement underscores the order's potential significance in the renewable energy sector.

Timeline and Execution

Sylph Technologies faces a tight schedule for fulfilling this order:

• Material Supply: Within 15 days of the purchase order date
• Project Completion: The entire work must be executed within 3 months from the receipt of the purchase order

This accelerated timeline highlights the urgency of the project and Sylph Technologies' capability to meet demanding deadlines.

Financial Impact and Business Relationships

The sizeable order of over Rs 5 crore is expected to have a positive impact on Sylph Technologies' financial performance. Key points to note about this transaction include:

• Domestic Order: The purchase order is from a domestic entity, reinforcing Sylph Technologies' strong presence in the Indian market.
• Non-Related Party Transaction: The company has confirmed that this order does not fall under related party transactions, ensuring transparency and arm's length dealings.
• No Promoter Interest: Sylph Technologies has clarified that neither the promoter, promoter group, nor any group companies have any interest in Oneindig Technologies Limited.

Market Implications

This significant order could potentially boost investor confidence in Sylph Technologies Limited. It demonstrates the company's ability to secure large contracts and its relevance in sectors adhering to MNRE and HAREDA guidelines, possibly indicating a strong foothold in the renewable energy or related technology markets.

Conclusion

The receipt of this substantial purchase order represents a positive development for Sylph Technologies Limited. As the company works to fulfill this order within the specified timeline, stakeholders will likely keep a close watch on its execution and the potential impact on the company's financial performance in the coming quarters.