NSEProduct launch2d ago · 23 Sept 2026, 04:51 pm

Product launch

Indo Tech Transformers Limited · INDOTECH

✦ AI Summary▲ PositiveExpansion

Indo Tech Transformers Limited has expanded its product portfolio to include 400 kV transformers, receiving a Letter of Award from Leap Green Energy Group for the manufacture and supply of transformers for solar and wind projects.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Indo Tech Transformers Limited has informed the Exchange about expansion of product portfolio to 400 kV Transformer segment

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September 23, 2026 Department of Corporate Services Listing Department Bombay Stock Exchange Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 532717 Symbol: INDOTECH Sub: Disclosure of material event/ information pursuant to Regulation 30 (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Expansion of Product Portfolio to 400 kV Transformer Segment - Dear Sir/ Madam, Pursuant to Regulation 30 (3) read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Company's Policy for Determination of Materiality of Events and Information and further to the Company’s earlier intimation regarding its strategic initiative to expand its product capabilities into the higher-voltage segment dated July 24, 2026, we wish to inform you that the Company has received yet another order signifying the milestone in the 400 kV transformer segment with the receipt of Letter of Award (LoA) from Leap Green Energy Group to manufacture and supply of 2 transformers of 125 MVA each in the 400/33 kV voltage class for a Solar project for the account Magnolia Powertec Private Limited and 2 transformers of 125 MVA each in the 230/33 kV voltage class for a Wind project for the account of Crocus Green Energy Private Limited, amounting to Rs. 42,88,14,000 plus applicable GST. The award is strategically significant for the Company as it strengthens its presence in the renewable energy segment and demonstrates its capability to manufacture and supply higher-voltage transformers, including 400 kV class transformers, in line with the planned expansion into higher voltage products. The Company shall keep the Stock Exchanges informed of any further material developments in accordance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take the above information on record. For Indo Tech Transformers Limited Karthick. D Compliance Officer