Jyoti Structures Limited has successfully completed and charged the 400 kV Multi-Circuit Line-in-Line-Out (LILO) of Pirana project, marking a significant milestone in India's renewable energy infrastructure development. The company announced this achievement through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Overview and Strategic Importance

The completed transmission line represents a strategically important component of the 4.5 GW Renewable Energy evacuation system for Khavda Phase-II. This project connects Pirana (Torrent Power) to Pirana (PowerGrid) at the POWERGRID substation in Ahmedabad, facilitating the evacuation of renewable energy from one of India's largest solar projects.

Technical Execution and Challenges

The project involved the execution of 240 circuit kilometers of High Temperature Low Sag (HTLS) transmission line, incorporating advanced conductor technology designed for enhanced performance and reliability. The scope included three crossings of the Sabarmati River and several critical road crossings within the urban vicinity of Ahmedabad.

The execution team encountered and successfully overcame multiple technical and logistical challenges:

• Right of Way (ROW) constraints in densely populated urban areas
• Limited shutdown availability requiring precise coordination with existing grid operations
• Water-logged locations necessitating specialized construction techniques

Innovative Construction Approaches

To address the complex project challenges, Jyoti Structures employed several innovative construction methodologies and equipment solutions. The company utilized porta mats for working in challenging terrain conditions, deployed high-capacity dewatering pumps to manage water-logged areas, and employed heavy-lift cranes for precise installation of transmission infrastructure.

These technical solutions enabled the successful completion of the project while maintaining safety standards and minimizing disruption to the surrounding urban environment and existing electrical infrastructure.

Project Collaboration and Acknowledgment

The successful completion of this critical transmission project was achieved through close collaboration with Torrent Power Grid Ltd. Jyoti Structures acknowledged the trust, guidance, and continued cooperation provided by Torrent Power Grid Ltd throughout the project execution phase, highlighting the importance of strong partnerships in delivering complex infrastructure projects.

Jyoti Structures Limited has received a favorable ruling from the National Company Law Tribunal (NCLT) Mumbai Bench regarding contempt applications filed against non-fund based lenders. The company disclosed this development to stock exchanges on February 18, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

NCLT Order Details

The tribunal issued its order on February 16, 2026, which was uploaded on February 17, 2026. The order addresses contempt applications filed by Jyoti Structures Limited and certain shareholders against non-fund based lenders.

Tribunal Directions

The NCLT Mumbai Bench allowed the contempt applications and issued specific directions to the respondent lenders. To purge the contempt and meet the ends of justice, the tribunal has directed that the respondents must release rolled over non-fund based (NFB) limits within one month from the date of communication of this order.

The tribunal's reasoning emphasized the ongoing business relationship between the parties, noting that both the applicant and respondents have a long way to go together. The order specifically mentioned that any disharmony between them may be prejudicial to their business interests.

Previous Disclosure Reference

This latest communication serves as a follow-up to the company's earlier disclosure dated October 13, 2025. The company has maintained transparency with stakeholders by providing regular updates on this matter through proper regulatory channels.

Corporate Communication

The disclosure was signed by Sonali K. Gaikwad, Company Secretary (FCS 13908), and communicated to both BSE Limited (Scrip Code: 513250) and National Stock Exchange of India Limited (Symbol: JYOTISTRUC). The company requested the exchanges to take this information on record for the benefit of all stakeholders.