INDO SMC Ltd Secures Rs 6660 Lacs Order for Supply of VFD Panels
INDO SMC Ltd has secured a commercial order valued at Rs 6660 Lacs for the supply of Variable Frequency Drive (VFD) panels. The purchase order was received on July 21, 2026, from one of India's prominent engineering companies.The VFD Panel is described as an enclosed electrical cabinet that integrates a VFD along with necessary components such as switchgear, cooling systems, and safety elements. This type of panel regulates the speed and torque of electric motors by dynamically adjusting the voltage and frequency of the supplied power.
The order represents significant business for INDO SMC Ltd, underscoring its execution capabilities and long-term relationship with the customer. The client company is a prominent Indian engineering firm specializing in heavy fabrication services across core sectors, including Power, Sugar, Cement, Infrastructure, and Railways.
INDO SMC Ltd is scheduled to supply the VFD Panel before July 31, 2026.
Key details of the order include:
| Particular | Detail |
|---|---|
| Order Value | Rs 6660 Lacs (excluding applicable taxes) |
| Nature of Order | Commercial Order |
| Customer Entity | One prominent Indian certified engineering company engaged in Heavy Fabrication for Power, Sugar, Cement, Infrastructure, and Railways sectors. |
| Delivery Deadline | On or before July 31, 2026 |
| Order Status | Domestic entity awarding the order |
The contract terms indicate that the order does not involve any interest from the promoter group and is not classified as a related party transaction.
Stock Price Movement
Shares of INDO SMC Ltd settled at ₹427.25 on Thursday, finishing the session up 4.99%. The stock traded through an intraday range, moving from a low of ₹423.25 to a high of ₹427.25.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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