Vivid Electromech Secures Rs 20.24 Crore Order for Power Supply and Traction Systems
Vivid Electromech Limited has secured a significant contract worth Rs 20,24,00,000/- from Univastu India Limited. The work order, dated June 23, 2026, relates to the design, manufacture, supply, installation, integration, testing, and commissioning of specialized systems for the client.The project encompasses a complete set of MV switchgear, Panels and Distribution Boards comprising ABB Make switchgear. This contract represents a domestic order awarded by Univastu India Limited.
Key details regarding the contract include:
| Parameter | Details |
|---|---|
| Client Name | Univastu India Limited |
| Contract Value | Rs 20,24,00,000/- (Excluding GST) |
| Project Scope | Design, Manufacture, Supply, Installation, Integration, Testing and Commissioning of Power Supply and Traction, Electrical & Mechanic and Lifts Escalators. |
| Order Type | Domestic |
| Execution Timeline | The work must be completed within 2 months. |
The company confirmed that the contract has no relation to any interests held by its promoter group in the awarding entity and falls outside related party transactions.
VIVIDEL Stock Price Movement
Shares of Vivid Electromech Limited shed 5.00% in today’s trading, closing at ₹1299.85 after falling significantly from its previous close. The equity registered a volume of 12,240 shares during the session.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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