Valiant Communications Limited, a leading manufacturer of communication and power utility equipment, has announced a significant business development. The company has received purchase orders worth INR 847.00 lacs from private sector system integrators for the supply of its communication equipment.

Order Details

The purchase orders, which are inclusive of taxes, cover the supply of Communication, Protection, and Synchronization equipment. These orders are to be executed over a 9-month period, highlighting a substantial short-term boost to the company's order book.

End-Users and Market Reach

Notably, the end-users for this awarded project are Indian State Electricity Boards (SEBs). This underscores Valiant Communications' strong position in the domestic power sector and its ability to cater to the needs of critical infrastructure projects.

Management's Perspective

Mr. Inder Mohan Sood, CEO of Valiant Communications, expressed pride in the company's achievements. He stated, "The time-proven successful installations of our equipment are now being recognized by global power utilities, including those in developed western countries." Mr. Sood highlighted the company's success in Switzerland, where their products have been operating satisfactorily in a nuclear power plant since 2017.

Strategic Positioning

Valiant Communications is positioning itself as a key player in India's 'Make in India' and 'Atmanirbhar Bharat' initiatives. As an indigenous manufacturer, the company sees itself as a natural partner for system integrators pursuing business opportunities in the Indian public sector.

Future Outlook

The management expressed optimism about future growth, mentioning that several other opportunities are nearing finalization. Mr. Sood believes this order contributes to a "continuum momentum of accelerated growth" for the company.

Company Profile

Valiant Communications specializes in manufacturing and exporting a wide range of communications, transmission, protection, synchronization, NAS data storage equipment, and cybersecurity products. The company has a strong track record, with successful installations in over 5,500 power sub-stations worldwide, covering various voltage levels from 33kV to 765kV.

This latest order reinforces Valiant Communications' position in the market and suggests potential for continued growth in the power utility sector.

Valiant Communications Limited, a prominent player in the telecommunications equipment sector, has made a significant announcement that is set to benefit its shareholders. The company's Board of Directors has approved the issuance of bonus shares in a ratio of 1:2, effectively rewarding its investors with additional equity.

Bonus Share Details

The Board of Directors, in their meeting held on September 3, 2025, approved the proposal to issue bonus shares to the company's shareholders. Under this scheme, shareholders will receive one new fully paid-up bonus equity share for every two existing equity shares held. This move is subject to shareholder approval at the forthcoming Annual General Meeting scheduled for September 30, 2025.

Key Points of the Bonus Issue

• Ratio: 1:2 (One new share for every two existing shares)
• Face Value: Each new bonus share will have a face value of ₹10
• Eligibility: Shareholders on the yet-to-be-announced Record Date
• Total New Shares: 38,14,030 equity shares to be issued

Impact on Share Capital

The bonus issue will significantly expand Valiant Communications' paid-up equity share capital:

Financial Aspects

• The bonus shares will be issued from the company's reserves, including the Capital Redemption Reserve, Securities Premium, and Retained Earnings.
• A total of ₹3,81,40,300 will be capitalized for this purpose.
• As of March 31, 2025, the company reported a robust balance of ₹50,81,69,683 in its reserves available for capitalization.

Management's Perspective

The Board of Directors has recommended this bonus issue with the intention of rewarding the company's shareholders. This decision also addresses the need to expand the company's paid-up equity share capital, potentially improving stock liquidity and making it more accessible to a broader range of investors.

Timeline and Next Steps

1. The bonus issue is subject to shareholder approval at the AGM on September 30, 2025.
2. The company will announce the Record Date for determining eligible shareholders in due course.
3. Valiant Communications aims to credit or dispatch the bonus shares within two months from the Board's approval date, i.e., by November 2, 2025.

This bonus issue represents a significant corporate action by Valiant Communications, reflecting the company's commitment to enhancing shareholder value. Investors should keep an eye out for further announcements regarding the Record Date and the formal approval at the upcoming Annual General Meeting.