NSEBagging/Receiving of orders/contracts2d ago · 19 Sept 2026, 05:53 pm
Bagging/Receiving of orders/contracts
Zodiac Energy Limited · ZODIAC
✦ AI Summary▲ PositiveOrder Win
Zodiac Energy Limited has received purchase orders from four domestic entities for the supply, installation, and commissioning of solar power systems with a total capacity of 24,760 kWp, expected to strengthen the company's presence in the renewable energy sector and contribute to its revenues.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment8/10
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Zodiac Energy Limited has informed the Exchange about Bagging/Receiving of orders/contracts
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ZODIAC_19092026174717_Regulation_30_sd.pdf
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September 19, 2026
BSE Limited National Stock Exchange of India Limited
P J Towers, “Exchange Plaza”, Bandra – Kurla Complex,
Dalal Street, Bandra East,
Mumbai – 400 001 Mumbai – 400051
Scrip Code: 543416 Symbol: ZODIAC
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015- Receipt of Purchase Order for Solar Power Project
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are
pleased to inform that our Company has received a Purchase Orders (PO) from Four various Domestic entities having its
registered office in Gujarat with an aggregate capacity of 24760 KWp.
This order is expected to strengthen the Company’s presence in the renewable energy sector and contribute to the
Company’s revenues over the project execution period.
The details, as required pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026, is enclosed as Annexure I.
Kindly take the same on your record and oblige us.
Thanking you,
Yours faithfully,
For Zodiac Energy Limited
Divya Joshi
Company Secretary &
Compliance Officer
Place: Ahmedabad
Encl: A/a-
Annexure I
The details, as required pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th
January, 2026, are enclosed as Annexure I.
Details of Order are as follows: -
Sr. No. Particulars Entity-1 Entity-2
1. Name of the entity awarding the *** ***
order(s)/contract(s);
2. Significant terms and conditions Execution of solar power systems Execution of a grid-interactive
of order(s)/contract(s) awarded, involving the supply, installation ground-mounted Solar PV
in brief; and commissioning of two grid- Power Plant with a capacity of
interactive ground-mounted Solar 5,405 kWp (DC), including
PV Power Plants having capacities supply, installation and
of 4,235 kWp and 5,405 kWp commissioning as per the
(DC), aggregating to a total specifications and scope of
capacity of 9,640 kWp, under supply mentioned in the
open access arrangements, in Purchase Order.
accordance with the specifications
and scope of supply mentioned in
the Purchase Order.
3. Whether order(s) / contract(s) Domestic entity Domestic entity
have been awarded by domestic/
international entity;
4. Nature of order(s) / contract(s); Execution of solar power system Execution of solar power system
for supply, installation, for supply, installation,
commissioning of Two Solar PV commissioning of Solar PV
Power Plant of 9640 Kwp. Power Plant of 5405 Kwp.
5. Whether domestic or international Domestic Domestic
6. Time period by which the order(s) 6 months from the date of receipt 6 months from the date of receipt
/contract(s) is to be executed; of advance/documents/purchase of advance/documents/purchase
order, subject to the terms of the order, subject to the terms of the
Purchase Order. Purchase Order.
7. Broad commercial consideration Size: 9640 Kwp (DC) Size: 5405 Kwp (DC)
or size of the order(s)/contract(s);
8. Whether the promoter/ promoter Yes, The Promoter and members Yes, The Promoter and members
group / group companies have any of the Promoter Group are of the Promoter Group are
interest in the entity that awarded interested in the Entity that interested in the Entity that
the order(s)/contract(s)? If yes, Awarded the Order. Awarded the Order.
nature of interest and details
thereof;
9. Whether the order(s)/contract(s) Yes. Order would fall within Yes. Order would fall within
would fall within related party related party transactions. related party transactions.
transactions? If yes, whether the The transaction is being The transaction is being
same is done at “arm’s length” undertaken on an arm’s length undertaken on an arm’s length
basis and in accordance with basis and in accordance with
applicable laws. applicable laws.
Sr. Particulars Entity-3 Entity-4
1. Name of the entity awarding *** ***
the order(s)/contract(s);
2. Significant terms and Execution of a grid-interactive Execution of a grid-interactive
conditions of ground-mounted Solar PV Power ground-mounted Solar PV Power
order(s)/contract(s) awarded, Plant with a capacity of 5,405 kWp Plant with a capacity of 4,310 kWp
in brief; (DC), including supply, installation (DC), including supply, installation
and commissioning in accordance and commissioning in accordance
with the specifications and scope of with the specifications and scope of
supply mentioned in the Purchase supply mentioned in the Purchase
Order. Order.
3. Whether order(s) / contract(s) Domestic entity Domestic entity
have been awarded by
domestic/ international entity;
4. Nature of order(s) / Execution of solar power system Execution of solar power system for
contract(s); for supply, installation, supply, installation, commissioning
commissioning of Solar PV Power of Solar PV Power Plant of 4310
Plant of 5405 Kwp. Kwp.
5. Whether domestic or Domestic Domestic
international
6. Time period by which the 6 months from the date of receipt 6 months from the date of receipt of
order(s) /contract(s) is to be of advance/documents/purchase advance/documents/purchase order,
executed; order. subject to the terms of the subject to the terms of the Purchase
Purchase Order. Order.
7. Broad commercial Size: 5405 Kwp (DC) Size: 4310 Kwp (DC)
consideration or size of the
order(s)/contract(s);
8. Whether the promoter/ Yes, The Promoter and members Yes, The Promoter and members of
promoter group / group of the Promoter Group are the Promoter Group are interested in
companies have any interest interested in the Entity that the Entity that Awarded the Order.
in the entity that awarded the Awarded the Order.
order(s)/contract(s)? If yes,
nature of interest and details
thereof;
9. Whether the Yes. Order would fall within Yes. Order would fall within related
order(s)/contract(s) would fall related party transactions. party transactions.
within related party The transaction is being The transaction is being undertaken
transactions? If yes, whether undertaken on an arm’s length on an arm’s length basis and in
the same is done at “arm’s basis and in accordance with accordance with applicable laws.
length” applicable laws.
*** Note: The Company has received Purchase Orders from four domestic entities. However, in view of the confidentiality
obligations and mutual understanding with the respective entities, the names of the entities awarding the Purchase Orders have
not been disclosed herein.