Jyoti Structures Limited has successfully completed and commissioned the 400 KV Gadag-II transmission line project in Karnataka for its client Renew Power, marking a significant achievement in the company's infrastructure development portfolio.

Project Specifications

The project comprises approximately 100 CKM of twin High-Temperature Low-Sag (HTLS) transmission line between Gadag Pooling Station and Koppal Pooling Station. The transmission line traverses through challenging Right of Way districts, namely Koppal and Gadag, and difficult interior areas characterized by black cotton soil conditions.

Strategic Importance for Renewable Energy

The project forms part of the Inter-State Transmission System (ISTS) for evacuation of power from renewable energy sources in the Koppal Solar Energy Zone with a capacity of 1500 MW. This transmission line infrastructure is specifically designed to facilitate the distribution of renewable power across the region, directly supporting India's renewable energy targets.

Infrastructure Development Impact

This project completion demonstrates Jyoti Structures Limited's capability in executing critical power transmission infrastructure projects under challenging geographical conditions. The 400 KV transmission line will enhance the regional power grid's capacity to handle renewable energy distribution from the Koppal Solar Energy Zone, contributing to the overall strengthening of India's clean energy infrastructure network.

The company has formally intimated the stock exchanges about this successful completion under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the project's significance for renewable power evacuation and its contribution towards India's renewable energy objectives.

Jyoti Structures Limited has notified stock exchanges about a significant legal development involving its lenders and banking facilities. The company disclosed that certain lenders have filed an appeal before the National Company Law Appellate Tribunal (NCLAT) challenging a recent tribunal order related to Non-Fund Based (NFB) limits.

NCLAT Appeal Details

The appeal targets an order dated February 16, 2026, which was uploaded on February 17, 2026, passed by the National Company Law Tribunal (NCLT). The legal proceedings center on contempt matters relating to the disbursement and restoration of Jyoti Structures Limited's Non-Fund Based limits.

Regulatory Compliance

The company made this disclosure on February 27, 2026, pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This notification follows an earlier disclosure dated February 18, 2026, suggesting ongoing legal complexities surrounding the company's banking arrangements.

Current Status

The appeal filed by the lenders is currently pending consideration before the NCLAT. The company has requested stock exchanges to take this information on record, maintaining transparency with stakeholders about the legal proceedings that could potentially impact its banking facilities and operational financing.

Corporate Communication

The disclosure was signed by Sonali K. Gaikwad, Company Secretary (FCS 13908), and communicated to both BSE Limited and National Stock Exchange of India Limited. The company maintains its corporate office at Valecha Chambers, New Link Road, Oshiwara, Andheri (West), Mumbai, with manufacturing facilities in Nashik and Raipur.