Supreme Power Equipment Limited Secures ₹11.40 Crore in New Order for Transformers
Supreme Power Equipment Limited (SPEL) has secured a new order worth approximately ₹11.40 crore. This domestic contract was awarded on June 16, 2026, by a company located in Karnataka, establishing SPEL as a key supplier in the power infrastructure segment.The total new business comprises two orders, all related to the supply of specialized Power and Distribution Transformers. These contracts reaffirm the demand for high-quality electrical equipment, with SPEL capitalizing on its manufacturing expertise in transformers.
Order Specifics and Terms
Both components of the order are domestic contracts originating from an entity based in Karnataka. The details regarding the orders and their specifications are as follows:| Particular | Details |
|---|---|
| Nature of Contract | Domestic order for supply of Power Transformers. |
| Transformer Specification | 20MVA, 110/33-11KV Power Transformers. |
| Order Value per unit | ₹5.70 Crores. |
| Total Order Size (Approx.) | ₹11.40 Crores. |
| Delivery Timeline | Within approximately 12 months. |
The contracts are domestic in nature, with the entity awarding the order being a resident of Karnataka. No interest exists from the Promoter or Promoter Group companies in the entity that awarded the orders, and the transactions were not categorized as related party dealings.
Supreme Power Equipment Limited is positioned to fulfill these contracts over the stipulated timeline, continuing its focus on manufacturing Power and Distribution Transformers under both the SPEL and ROWSONS brands.
SUPREMEPWR Stock Price Movement
Trading action shows Supreme Power Equipment Limited stock slipping by 0.10% as of 3:29 PM, with the equity trading at ₹241.45 per share. The decline is currently supported by a trade volume of 21,500 shares for the day.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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