SUGS Lloyd has received a rate contract valued at Rs. 31.65 mn from Tata Power Delhi Distribution (Tata Power-DDL) for supplying 11 kV auto reclosers and carrying out associated activities. The contract is valid from 24 October 2026 to 23 October 2027, according to a regulatory filing.

The award covers supply, installation, testing and commissioning (SITC) of 11 kV auto reclosers for the distribution automation system. The scope also includes accessories, configuration, machine-to-machine connectivity, modem provision, validation of Internet Protocol Security (IPsec) tunnels, data exchange and signal simulation for digital input, digital output and analogue points up to the Advanced Distribution Management System (ADMS) end.

Tata Power-DDL will issue release orders as and when required during the contract period. SUGS Lloyd said it was informed of the award through an email received on 25 October 2026 at 10:32 am, while the rate contract itself was dated 23 October 2026.

The contract has been awarded by a domestic entity and its terms and conditions will be governed by the agreement. The disclosed value is subject to applicable taxes and represents the target value of the rate contract, with actual supplies linked to release orders issued by the utility.

SUGS Lloyd stated that neither its promoter or promoter group nor group companies have an interest in Tata Power-DDL. It also said the arrangement does not fall within related-party transaction provisions. The filing was submitted to BSE under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by company secretary and compliance officer Nimmy Singh Chauhan in Noida.