RMC Switchgears Secures Contract From Jaipur Distribution Utility
ECONOMY & POLICY

RMC Switchgears Secures Contract From Jaipur Distribution Utility

RMC Switchgears Limited (RMC) has received a letter of award from Jaipur Vidyut Vitran Nigam Limited (JVVNL) for the supply of 100 Amp L.T. distribution kiosks suitable for underground cabling. The contract is valued at Rs 28.447125 mn and will be recorded in the company order book. The company said the award strengthens its order book and is expected to contribute positively to revenue and growth prospects.

The order was awarded by a domestic entity and the company described the terms and conditions as governed by the general conditions of contract, including the price variation formula and technical specifications appended to the tender. Where terms in the purchase order differ from the RTPP Act the act will supersede. The purchase order incorporates standard provisions from the PO, ITB and GCC except where modified.

The company stated that promoters and promoter group entities have no interest in the awarding entity and that the contract does not constitute a related party transaction. The execution period for the contract is six months from the date of award. The disclosure was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and referenced the applicable SEBI master circular.

The compliance officer and company secretary authorised the filing and enclosed an annexure detailing significant terms, including the broad consideration and execution timeline. The company provided registered office and contact information in the filing and said it will notify the stock exchange of any further material developments. The award will be reflected in regulatory filings and in periodic disclosures to investors.

The company noted that the order forms part of routine business operations and that contract performance is subject to the standard inspection and acceptance procedures specified in the tender documents. RMC will provide updates to investors and regulatory authorities as required under the listing obligations.

RMC Switchgears Limited (RMC) has received a letter of award from Jaipur Vidyut Vitran Nigam Limited (JVVNL) for the supply of 100 Amp L.T. distribution kiosks suitable for underground cabling. The contract is valued at Rs 28.447125 mn and will be recorded in the company order book. The company said the award strengthens its order book and is expected to contribute positively to revenue and growth prospects. The order was awarded by a domestic entity and the company described the terms and conditions as governed by the general conditions of contract, including the price variation formula and technical specifications appended to the tender. Where terms in the purchase order differ from the RTPP Act the act will supersede. The purchase order incorporates standard provisions from the PO, ITB and GCC except where modified. The company stated that promoters and promoter group entities have no interest in the awarding entity and that the contract does not constitute a related party transaction. The execution period for the contract is six months from the date of award. The disclosure was submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and referenced the applicable SEBI master circular. The compliance officer and company secretary authorised the filing and enclosed an annexure detailing significant terms, including the broad consideration and execution timeline. The company provided registered office and contact information in the filing and said it will notify the stock exchange of any further material developments. The award will be reflected in regulatory filings and in periodic disclosures to investors. The company noted that the order forms part of routine business operations and that contract performance is subject to the standard inspection and acceptance procedures specified in the tender documents. RMC will provide updates to investors and regulatory authorities as required under the listing obligations.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code