Indo Tech Transformers' Ad-Interim Injunction Order Vacated, Operations Unaffected

1 min read     Updated on 15 Oct 2025, 08:29 PM
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Jubin VergheseScanX News Team
Overview

Indo Tech Transformers Limited announced that the ad-interim injunction order granted on July 02, 2025, has been vacated effective October 13, 2025. The original suit for permanent injunction will continue to be heard. The company's factory operations have remained normal throughout this period. This update was disclosed in compliance with SEBI regulations.

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Indo Tech Transformers Limited has announced a significant update regarding its ongoing legal proceedings. The company disclosed that the ad-interim injunction order, which was initially granted by the court on July 02, 2025, has been vacated effective October 13, 2025.

Key Developments

  • Injunction Status: The ad-interim injunction order granted on July 02, 2025, has been vacated as of October 13, 2025.
  • Ongoing Proceedings: The original suit for permanent injunction will continue to be heard by the court.
  • Operational Impact: Factory operations have remained normal throughout this period.

Legal Disclosure

In compliance with SEBI regulations, Indo Tech Transformers Limited filed a disclosure under Regulation 30 (8) read with Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure, dated October 15, 2025, provides an update on the injunction suit.

Company Statement

The company stated, "Pursuant to disposal of Interlocutory application, the ad-interim Injunction order granted by the Honourable Court on July 02, 2025 stands vacated effective October 13, 2025. Further the original suit for the permanent injunction shall continue to be heard. The operations of the factory continues to be normal."

This update reassures stakeholders that despite the legal proceedings, Indo Tech Transformers' business operations have not been disrupted. The company continues to function normally, maintaining its production and services.

Investors and market participants are advised to monitor further developments in the ongoing legal case, as the outcome of the permanent injunction suit may have implications for the company's future operations and market position.

Historical Stock Returns for Indo Tech Transformers

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Indo-Tech Transformers Secures INR 78.39 Crore Order from Avaada Clean Project

1 min read     Updated on 04 Sept 2025, 04:39 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Indo Tech Transformers Limited has received a purchase order worth INR 78.39 crores from Avaada Clean Project Private Limited for nine 125 MVA transformers. The order will be delivered in phases from March to May 2026. This significant order boosts the company's order book and indicates strong demand in the power sector. The transaction is not related to any promoter or promoter group companies.

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

Indo Tech Transformers Limited has announced a significant new order, boosting its order book and signaling strong demand for its products in the power sector.

Order Details

The company has secured a purchase order worth INR 78.39 crores, excluding taxes, from Avaada Clean Project Private Limited. The order entails the manufacturing and supply of nine transformers, each with a capacity of 125 MVA (Mega Volt Ampere).

Delivery Schedule

The delivery of these transformers is scheduled as follows:

Month Number of Transformers
March 2026 2
April 2026 3
May 2026 4

This phased delivery approach spans from March to May 2026, allowing Indo Tech Transformers to manage production and logistics efficiently.

Financial Implications

The company has deemed this order material due to its significant value compared to ordinary business transactions. At INR 78.39 crores plus applicable taxes, this order represents a substantial boost to Indo Tech Transformers' revenue pipeline for the coming years.

Transaction Nature

Indo Tech Transformers has confirmed that this is not a related party transaction. The order was awarded by a domestic entity, Avaada Clean Project Private Limited, and does not involve any interest from the promoter or promoter group companies.

Market Impact

This large order underscores the growing demand for high-capacity transformers in India's evolving energy sector. It also reflects positively on Indo Tech Transformers' capabilities and market position in manufacturing critical power infrastructure components.

Compliance and Disclosure

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indo Tech Transformers has promptly disclosed this material event to the stock exchanges. The disclosure was made on the same day the purchase order was received.

Historical Stock Returns for Indo Tech Transformers

1 Day5 Days1 Month6 Months1 Year5 Years
+4.48%+14.57%+7.58%-23.11%-26.46%+2,111.83%
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