JSL Industries Limited , a Gujarat-based company, has announced significant corporate developments following its recent board meeting. The company's Board of Directors convened on August 5, 2025, to approve financial results and implement changes to its governance structure.

Financial Results Approval

The board meeting, which lasted for 45 minutes, saw the approval of unaudited financial results for the quarter ended June 30, 2025. These results, recommended by the Audit Committee, mark the company's performance for the first quarter of the fiscal year 2025-2026. While specific financial figures were not disclosed in the immediate release, the approval of these results indicates JSL Industries' commitment to timely financial reporting and transparency.

Board Committee Reconstitution

In a move to enhance corporate governance, JSL Industries has announced a significant reshuffle of its board committees, effective August 6, 2025. The reconstitution affects three key committees:

Audit Committee

The newly formed Audit Committee will be chaired by Ms. Pragnya Seth, an Independent Director. The committee comprises four members:

• Ms. Pragnya Seth (Chairman - Independent Director)
• Mr. Pradeep Sinha (Member - Independent Director)
• Mrs. Tejal Amin (Member - Director)
• Mr. Bipinkumar Chemburkar (Member - Independent Director)

Nomination and Remuneration Committee

This committee will also be led by Ms. Pragnya Seth and includes:

• Ms. Pragnya Seth (Chairman - Independent Director)
• Mr. Pradeep Sinha (Member - Independent Director)
• Mr. Bipinkumar Chemburkar (Member - Independent Director)

Stakeholders' Relationship Committee

Mr. Pradeep Sinha will chair this committee, which consists of:

• Mr. Pradeep Sinha (Chairman - Independent Director)
• Mr. Bipinkumar Chemburkar (Member - Independent Director)
• Ms. Pragnya Seth (Member - Independent Director)

The reconstitution of these committees reflects JSL Industries' focus on maintaining robust corporate governance practices and ensuring diverse perspectives in key decision-making processes.

Regulatory Compliance

In line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, JSL Industries has promptly informed the BSE Limited about these developments. The company's proactive disclosure demonstrates its commitment to regulatory compliance and shareholder communication.

JSL Industries Limited, headquartered in Mogar, Anand district of Gujarat, continues to adapt its corporate structure to meet evolving business needs and regulatory requirements. As the company moves forward with its newly approved financial results and restructured committees, stakeholders will be keen to observe the impact of these changes on the company's performance and governance in the coming quarters.

JSL Industries Limited , a prominent player in the power equipment sector, has recently clinched a significant order valued at ₹125 crore (including GST) for the supply of high-voltage power equipment. This development marks a substantial business opportunity for the company, reinforcing its position in the power transmission infrastructure market.

Order Details

The company's Instrument Transformer Division has secured an order from Gujarat Energy Transmission Corporation Limited (GETCO) for the supply of 66kV class Current Transformers (CT) and Potential Transformers (PT). These critical components are essential for power transmission and distribution systems, used for measurement and protection purposes in electrical substations.

Contract Specifics

• Order Value: ₹125,021,919 (including GST)
• Client: Gujarat Energy Transmission Corporation Limited, Vadodara, Gujarat
• Scope: Supply of 66kV Class CT/PT
• Execution Deadline: November 30, 2025

Key Terms and Conditions

JSL Industries has disclosed several important terms of the contract:

The guarantee period is notably extensive, with 60 months coverage from the date of receipt of the material at the customer's stores. This includes a 12-month period from the date of commissioning or 18 months from the date of supply (whichever is earlier), supported by a bank guarantee of 10% of the contract value.

Strategic Importance

This order is significant for JSL Industries for several reasons:

1. Market Position: It strengthens the company's foothold in the power transmission equipment market.
2. Revenue Boost: The substantial order value will contribute positively to the company's financial performance.
3. Client Relationship: Securing an order from GETCO, a major player in Gujarat's power sector, could pave the way for future collaborations.
4. Domestic Manufacturing: The order aligns with India's push for domestic manufacturing in the power sector.

Company Background

JSL Industries Limited, headquartered in Mogar, Gujarat, has been a key player in the electrical equipment manufacturing sector since its inception in 1966. The company specializes in the production of instrument transformers and other power equipment, catering to the evolving needs of the Indian power sector.

This latest order underscores JSL Industries' capabilities in meeting the high standards required for critical power transmission infrastructure. As the company moves forward with the execution of this significant contract, it is poised to reinforce its reputation as a reliable supplier in the power equipment industry.