Power Mech Projects Limited has officially changed its Registrar and Share Transfer Agent (RTA) from KFin Technologies Limited to Venture Capital and Corporate Investments Private Limited, effective March 09, 2026. The company notified both NSE and BSE about this regulatory change under SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Documentation

The RTA change was implemented in compliance with Regulation 7 & 30 of SEBI regulations, following the company's initial intimation dated February 10, 2026. Both major depositories have confirmed the transition in their systems.

New RTA Contact Information

Venture Capital and Corporate Investments Private Limited is now handling all shareholder services from their Hyderabad facility. The new RTA operates from "AURUM", located at Door No. 4-50/P-II/57/4F & 5F, Plot No. 57, 4th & 5th Floors, Jayabheri Enclave Phase – II, Gachibowli, Hyderabad – 500 032.

Contact Details

• Email: investor.relations@vccipl.com
• Phone: +91 040 23818475 / 23818476
• Website: https://www.vccipl.com/

Depository Confirmations

National Securities Depository Limited issued confirmation on March 06, 2026, stating that KFin Technologies Limited would cease electronic connectivity services from beginning of day March 09, 2026, with Venture Capital and Corporate Investments Private Limited commencing services the same day.

Central Depository Services (India) Limited confirmed the RTA change in their system on March 09, 2026, noting that the previous tri-partite agreement with KFin Technologies Limited now stands cancelled.

Transition Process

The company has advised all stakeholders and concerned persons to direct future correspondence and requests relating to securities to the new RTA's address. Company Secretary M. Raghavendra Prasad signed the regulatory filing, confirming that a new tripartite agreement between Power Mech Projects Limited, the former RTA, and the new RTA is currently in process and will be completed in due course.

This administrative change ensures continued efficient handling of shareholder services while maintaining compliance with SEBI regulations for listed companies.

Power Mech Projects Limited has released its comprehensive investor presentation for February 2026, providing detailed insights into the company's strategic positioning, financial performance, and growth trajectory across multiple business segments.

Strong Market Position and Operational Scale

The company has established itself as a leading industrial and infrastructure services provider with significant operational scale. Power Mech manages over 40.12 GW of capacity under O&M care, positioning it as one of Asia's market leaders in Power O&M services. The company's execution expertise spans multiple sectors, with over 84.4 GW capacity added to the grid and more than 30.29 lakh MT of erection works completed.

Record Order Momentum and Strategic Wins

The presentation highlights exceptional order inflow performance, with record order inflows of ₹7,766 Cr in FY26 YTD. The company is targeting the ₹10,000 Cr milestone for FY26, supported by major contract wins across diverse sectors.

Notable recent order wins include a ₹2,550 Cr EPC package for balance of plants at Singareni Super Thermal Power Project from BHEL, and a ₹1,563 Cr BESS project from West Bengal State Electricity Distribution Company.

Financial Performance and Profitability

The company demonstrated strong financial performance in Q3 FY26, with revenue reaching ₹1,419.56 Cr, representing 6% YoY growth. EBITDA margins remained stable at 12.08%, while PAT margins improved to 7.02%.

Diversification into Renewable Energy

Power Mech is strategically expanding into renewable energy, currently executing a 13.66 MW Solar BOO project and a massive 250 MW/1000 MWh BESS project. These projects are expected to generate guaranteed annuity revenues of approximately ₹7 Cr per year for 25 years (Solar) and ₹104 Cr per year for 15 years (BESS).

Mining Development Operations Growth

The company's MDO segment is showing promising growth, with revenue share increasing to 5% in Q3 FY26 from 3% in Q3 FY25. The company operates two major mining contracts: Central Coalfields (KBP Mine) with a project value of ₹9,294 Cr and SAIL (KTMPL Mine) valued at ₹30,300 Cr.

Strategic Outlook and Growth Engines

The presentation outlines four key growth engines: leadership in Power O&M with scaling into higher-margin comprehensive O&M, strategic pivot from construction services to integrated EPC delivery, diversified business model with renewable energy entry, and sustainable recurring revenue through multi-decade MDO contracts.

The company's order backlog including MDO stands at ₹57,811 Cr as of FY26 YTD, providing strong revenue visibility for the coming years. With a diversified client base including marquee names like NTPC, BHEL, Adani Group, and international clients across MENA and West Africa, Power Mech is well-positioned to capitalize on India's infrastructure development and energy transition opportunities.