Arfin India Ltd. Receives Order Worth ₹85.59 Crores from Dakshin Gujarat Vij Company Limited
Arfin India Ltd. announced on March 30, 2026, that it has received a Master Letter of Acceptance from Dakshin Gujarat Vij Company Limited, a Government of Gujarat undertaking, for the supply of AAAC Conductors.The order, valued at approximately ₹85.59 Crores (inclusive of Goods and Services Tax), comprises an aggregate quantity of 20,400 kilometers. The execution period is slated for seven months, commencing in May 2026 and concluding in November 2026, with monthly supply schedules. The order value is subject to market rate variations during the execution period.
According to details provided, the entity awarding the order is Dakshin Gujarat Vij Company Limited. The order’s nature involves the supply of AAAC Conductors, and the execution will be completed domestically. None of Arfin India Ltd.’s promoters, promoter groups, or group companies have any interest in Dakshin Gujarat Vij Company Limited. The order does not constitute a related-party transaction.
| Sr. No. | Particulars in respect of the event | Details/Information of the event |
|---|---|---|
| 1 | name of the entity awarding the order(s)/contract(s); | Dakshin Gujarat Vij Company Limited |
| 2 | significant terms and conditions of order(s)/contract(s) awarded in brief; | Supply of product - AAAC Conductors |
| 3 | whether order(s) I contract(s) have been awarded by domestic/ international entity; | A Government of Gujarat Undertaking |
| 4 | nature oforder(s) I contract(s); | The order entails execution of an aggregate quantity of 20,400 KM, valued at approximately ₹85.59 Crores (inclusive of GST), with supplies scheduled on a monthly basis. The order value is subject to variation in line with prevailing market rates during the execution period. |
| 5 | whether domestic or international; | Domestic |
| 6 | time period by which the order(s)/contract(s) is to be executed; | period of seven months, from May 2026 to November 2026 |
| 7 | broad consideration or size of the order(s)/contract(s); | An aggregate quantity of 20,400 KM, valued at approximately ₹85.59 Crores (inclusive ofGST). |
| 8 | whether the promoter/ promoter group I group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof; | None of the promoter/ promoter group I group companies have any interest in the entity that awarded the order |
| 9 | whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at "arm's length". | The aforesaid order does not fall within the purview of related party transaction. |
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