Trishakti Electronics , a player in the infrastructure equipment rental business, has announced a significant development that could potentially boost its financial performance in the coming quarters. The company has secured a contract from Reliance Industries Limited for the deployment of heavy lifting equipment at a renewable energy project.

Contract Details

The contract, valued at over ₹5.65 crore (inclusive of taxes), involves hiring machines with manpower for a duration of 12 months or more. The execution of this project is set to commence on October 14, 2025.

Capital Expenditure

To fulfill this order, Trishakti Electronics has made a substantial capital investment. Here's a breakdown of the company's recent capital expenditure:

This significant investment in new equipment underscores Trishakti's commitment to growth and expansion in the infrastructure equipment rental sector.

Impact on Financial Performance

The company expects this development to have a positive impact on its revenues and profitability in the upcoming quarters. The secured contract, coupled with the increased capital expenditure, signals Trishakti's aggressive growth strategy and potential for enhanced market presence.

Corporate Governance

It's worth noting that the promoter group of Trishakti Electronics has no interest in Reliance Industries, and this transaction does not fall under related party transactions. This transparency in dealings aligns with good corporate governance practices.

Conclusion

This contract win from a major player like Reliance Industries, combined with Trishakti's substantial capital investments, could potentially strengthen the company's position in the infrastructure equipment rental market. Investors and market watchers will likely keep a close eye on how these developments translate into financial performance in the coming quarters.

As always, it's advisable for investors to conduct their own research and consider various factors before making investment decisions.

Trishakti Electronics , a player in the oil and gas sector, has announced key leadership changes. The company's Board of Directors has approved significant appointments, reinforcing its management structure for the coming years.

Leadership Continuity: Suresh Jhanwar Re-appointed

The Board of Directors, based on recommendations from the Nomination and Remuneration Committee, has approved the re-appointment of Mr. Suresh Jhanwar as the Chairman and Managing Director of Trishakti Electronics. This decision extends Jhanwar's tenure for an additional three years, from September 30, 2025, to September 29, 2028, subject to shareholder approval at the upcoming general meeting.

Mr. Jhanwar, a promoter of the company, brings over 27 years of experience in the oil and gas sector to his role. His expertise spans managing and dealing with oil and gas products, and he has been instrumental in navigating complex market dynamics. Notably, Jhanwar has also acquired knowledge in the infrastructure equipment rental business, further diversifying his skill set to meet the evolving needs of the company.

In terms of his relationships within the company, Mr. Jhanwar is the father of Mr. Dhruv Jhanwar and Mr. Pranav Jhanwar, and the spouse of Mrs. Shalini Jhanwar, highlighting the family's involvement in the business.

New Appointment: Rekha Shaw as Company Secretary & Compliance Officer

In a move to strengthen its corporate governance, Trishakti Electronics has appointed Mrs. Rekha Shaw as the new Company Secretary & Compliance Officer, effective September 25, 2025. Mrs. Shaw brings five years of secretarial experience to her new role and is an Associate Member of the Institute of Company Secretaries of India (ICSI), New Delhi. She also holds a commerce degree from the University of Calcutta.

Board Meeting Details

The decisions were made during a Board meeting held on September 25, 2025, which commenced at 4:00 PM (IST) and concluded at 4:30 PM (IST). The company has duly informed the BSE Limited and The Calcutta Stock Exchange Limited of these changes, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

These strategic appointments underscore Trishakti Electronics' commitment to maintaining strong leadership and ensuring compliance with regulatory requirements as it moves forward in the dynamic oil and gas sector.