Indo-Tech Transformers secures Rs 47.48 crore order from Shyam SEL for power transformers

Indo-Tech Transformers Limited announced it has received a significant purchase order from Shyam SEL & Power Limited for the supply of four power transformers to a steel plant in Eastern India, valued at Rs 47.485 Crores plus applicable taxes. The order, awarded domestically, includes the supply of two 80/100 MVA and two 130/180 MVA transformers, both 220/33 kV, with an execution period of 12 months from the date of drawing approval; the company considers this a material event due to its size relative to typical business transactions and confirmed it does not involve related parties.