JD Cables Bags Rs. 304.3 mn Cable Supply Order
The order has been awarded by a reputed government and private entity. The company’s disclosure identifies the awarding organisation as a domestic entity, but does not name it. The contract covers the supply of cables and conductors and includes manufacturing, testing, delivery and related execution requirements.
JD Cables is required to complete delivery within three months. The company described the total consideration as approximately Rs. 304.3 mn, inclusive of GST, in its filing submitted to the listing and compliance department of the BSE.
The disclosure stated that neither the promoter or promoter group nor any group company has an interest in the entity that awarded the order. It also stated that the contract does not fall within the scope of related party transactions.
The filing was made pursuant to Regulation 30 read with Schedule III of the listing regulations and the applicable SEBI circulars issued on 13 July 2023 and 11 November 2024. Piyush Garodia, managing director of JD Cables, signed the disclosure. The company provided the order details in an annexure accompanying its regulatory submission, including the nature of the contract, its domestic classification, execution timeline and consideration. The award adds a cable and conductor supply contract to the company’s order activity, with completion scheduled during the three-month delivery period specified in the filing.