Jyoti Limited has announced the successful closure of its Customs project registration under the Project Import Regulations, 1986, with all associated liabilities now extinguished. The company disclosed this development under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Customs Project Registration Closure

The Assistant Commissioner of Customs at Jawaharlal Nehru Customs House, Nhava Sheva, confirmed the closure of Jyoti Limited's project registration on March 10, 2026. The closure followed the company's submission of all required documents pertaining to the project under the Project Import Regulations, 1986.

Resolution of Show Cause Notice

The Customs Department had previously issued a Show Cause Notice under section 124 read with section 18 of the Customs Act, 1962, and Project Import Regulations, 1986. This matter was initially communicated to the stock exchange on October 15, 2025. With the project registration closure, all liabilities mentioned in the show cause notice have been extinguished.

Financial Impact Assessment

The company has clarified that there are no expected financial implications from this development. The closure of the project registration has resulted in the extinguishment of all liabilities that were referenced in the original show cause notice.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Para B of Part A of Schedule III of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The company also referenced SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in its compliance framework for this announcement.

The resolution of this customs matter represents the successful completion of the project registration closure process, eliminating any potential financial liabilities that were associated with the previous show cause notice.

Jyoti Limited has announced securing a substantial purchase order worth ₹5.38 crores (excluding GST) from PVR Projects Ltd, Hyderabad. The order involves the supply of 10 large capacity VT pumps for the Jawahar Lift Irrigation Scheme project located in Khammam, Telangana. The company disclosed this development through a regulatory filing under SEBI Regulation 30 on 8th March, 2026.

Order Details and Specifications

The contract encompasses the supply of 10 large capacity VT pumps specifically designed for the Jawahar Lift Irrigation Scheme in Telangana. The order value of ₹5.38 crores excludes GST, representing a significant business win for the company in the water infrastructure sector.

Contract Terms and Conditions

The purchase order includes comprehensive terms covering various aspects of the supply agreement. The contract structure demonstrates favorable conditions for Jyoti Limited with inclusive pricing for multiple components.

Key contract terms include:

• Payment Terms: As per purchase order specifications
• Packing & Forwarding: Inclusive in the order value
• Freight: Inclusive coverage
• Insurance: Comprehensive insurance included
• Warranty: 5 years warranty from commissioning date

Project Classification and Execution

The order has been classified as a domestic contract awarded by a domestic entity, confirming Jyoti Limited's continued focus on the Indian market. The company confirmed that neither promoter groups nor group companies have any interest in the awarding entity, and the transaction does not fall under related party transactions.

Strategic Significance

This order reinforces Jyoti Limited's position in the water infrastructure and irrigation sector. The Jawahar Lift Irrigation Scheme represents a significant infrastructure project in Telangana, and Jyoti Limited's selection as the pump supplier demonstrates the company's technical capabilities and market reputation. The 4.5-month delivery timeline indicates efficient project execution capabilities, while the 5-year warranty period reflects confidence in product quality and durability.