BSECompany Update13 Sept 2026 · 13 Sept 2026, 03:19 pm

Order of USD 23663860 (Approximate Rs. 226 Crores) received by the Company in the Normal Course of Business

Patels Airtemp India Ltd · 517417

✦ AI Summary▲ PositiveOrder Win

Patels Airtemp India Ltd has received a Fixed Price Contract/Order amounting to USD 23,663,860 (Approximate Rs. 226 Crores) from Dangote Petroleum Refinery and Petrochemicals, Nigeria, for the supply of Air Cooled Heat Exchanger in the Normal Course of Business.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Patels Airtemp India Ltd - 517417 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

Attachments (1)

📄

7e1a3bc4-06b8-4133-a231-ca81e68e44b4.pdf

pdf

Download →
View document text
Ref. No. : PAT/SD/Reg. 30/2026-27/13IX Date : 13th September, 2026 BSE Limited Corporate Relation Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai: 400 001 Scrip Code No. 517417 Script Name: PATELSAI ISIN: INE082C01024 Sir/ Madam, Subject: Order of USD 23,663,860 (Approximate Rs. 226 Crores) received by the Company in the Normal Course of Business Ref.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- General updates This is to inform you that the Company has received a Fixed Price Contract / Order amounting to USD 23,663,860 (Approximate Rs. 226 Crores) in the Normal Course of Business. Further, the details as per Para B of Part-A of Schedule-III as required under the Listing Regulations read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 (as amended) are enclosed herewith as per Annexure-A. The aforesaid information will also be hosted on the website of the Company at https://www.patelsairtemp.com. You are requested to take the same on your record. Thanking You, Yours faithfully, For Patels Airtemp (India) Limited Nikhil M. Patel Company Secretary & Compliance Officer (Membership No. A6814) Annexure-A Disclosure of details pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 Sr. No. Particulars Details Name of the entity awarding the Dangote Petroleum Refinery and Petrochemicals, order(s)/contract(s) Nigeria Whether order(s) / contract(s) have been 2. Yes, International Entity awarded by domestic/ international entity 3. Product Name Air Cooled Heat Exchanger Significant terms and conditions of Fixed Price Contract / Order – In the Normal order(s)/contract(s) awarded, in brief Course of Business Shareholding, if any, in the entity with 5. NIL whom the agreement is executed Time period if any, associated with the 12 Months order(s)/contract(s) USD 23,663,860 amounting to INR 2,261,318,461 (Rupees Two Hundred Twenty Six Crores Thirteen Broad commercial consideration or size of 7. Lakhs Eighteen Thousand Four Hundred Sixty One) the order(s)/contract(s) (Converted at the rate of 95.56/- Rupee per Dollar). Whether the promoter/ promoter group / group companies have any interest in the 8. entity that awarded the No order(s)/contract(s)? If yes, nature of interest and details thereof Whether the order(s)/contract(s) would fall 9. within related party transactions? If yes, No whether the same is done at “arm’s length” 10. Any other disclosures Not Applicable