Accord Transformer & Switchgear Ltd Secures Domestic Order for Transformers valued at Rs 47 Lakhs
Accord Transformer & Switchgear Ltd has received a domestic purchase order from Sunsure Energy Private Limited, securing a contract for the supply of transformers. The deal is significant as it involves providing key equipment for solar and Battery Energy Storage System (BESS) projects in Rajasthan.The agreement details the execution of commercial orders including 150 kVA and 500 kVA Aux Transformers destined for Solar Project/ BESS Projects in Mundsar, Rajasthan.
Accord Transformer & Switchgear Limited confirmed that the order is domestic and does not involve related party transactions or any interest from promoter or promoter group companies in Sunsure Energy Private Limited. The projects are scheduled to be completed within three months tentatively.
The key details of the transaction are presented below:
| Particular | Detail |
|---|---|
| Client Name | Sunsure Energy Private Limited |
| Order Nature | Commercial Order for 150 kVA and 500 kVA Aux Transformer |
| Project Focus | Solar Project/ BESS Projects in Mundsar, Rajasthan |
| Transaction Type | Domestic Entity |
| Order Value | Rs. 47 Lakhs |
| Timeline | Within 3 Months tentatively |
The company noted that the received orders are routine in nature and have been secured in the normal course of business. Accord Transformer & Switchgear Limited stated that these orders do not result in any change in the business model, risk profile, or financial position beyond what has been previously disclosed.
Stock Price Movement
At the close of trading today, Accord Transformer & Switchgear Ltd settled at ₹54.65, ticking up 0.18%. Shares traded within an intraday range bounded by a high of ₹56.97 and a low of ₹54.30.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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