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.