BSECompany Update12 Oct 2026 · 12 Oct 2026, 03:49 pm
Disclosure under Regulation 30 of SEBI(Listing Obligations and Disclosure Requirements)Regulations, 2015
Azad Engineering Ltd · 544061
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Azad Engineering Ltd has received a long-term order from Bharat Heavy Electricals Ltd for the supply of critical stationary and rotating airfoils (blades) for their heavy-duty gas turbines. The estimated value of the contract is approximately ₹52.68 crore.
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Growth Catalyst9/10
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Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
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Azad Engineering Ltd - 544061 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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AZAD
October 12,2026
To To
Ihe Listir-rg Departmer-rt "l'he Listing Department
BSE Limited National Stock Exchange of India Limited
Department of Corporate Affairs Exclrange Plaza, Plot No. C/1, G Block
Phiroze Jeejeebhoy Towers Bandra-I(ur'la Complex, Bandra (E)
Dalal Sheet Mumbai - 400001 Mumbai - 400051
Scrip ID -544061 Scrip Code - AZAD
Dear Sir/Madam,
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Pttrsuant to Regulation 30 of the SEBI (Listing Obligations ancl Disclosure Recluircme.nts)
Regulafions, 2015, we wish to inform you that AZAD Engineering Limitecl (" AZAD;') has bctr.r
lpfrlo":d as a long-terrn soluce by Bharat Heavy Electricals Lirnitecl (BI{EL), a Maharahra Inciian
Public Sector Ur-rdertakirrg, ancl has beerr awarcled a two-year Long Terrn ilate Contract ior thc:
supply of critical stationary ancl rotating airfoils (blades) for their h"u,ry duty gas turbirres. 'l'he
estitnated value of the conh'act is approximately t52.68 crore. Earlier, irr May ZOie, tne Companl,
executed a similar rate contract. At the tirne of receipt, the Company hacl assessecl the saicl orcler
as not material frol a business perspective, and it was therefore not disclosed. Cor-rsiclerirrg t6c
cornbined value and cluration of the arrarlgellent, the sarne is now material and is accorclirrgly
being disclosed herewith.
This approval marks an important step in AZAD's growing role in India's clomestic po\ /er
geueration equipment ecosystem ar-rd supports BHEL's indigenisation of critical gas t6rbine.
cornponelrts.
Tlre details requirecl pursuant to SEBI Master Circular No. FIO/49 /14/14(Z)2025- CID?OD2/I
/ 37 62 / 2026 dated January 30, 2026 are enclosed as Annexure - A.
This is for your inforrnation and record.
Thar-rking you.
For Azad Engineering Limited
G. Praneeth Abhishek
Company Secretary, Compliance Officer and Head Legal
M. No. 435583
Azad Engineering Limited
Plot No.90/C, 90/D, Phase -i, Contact: O40-23097007 CIN NO: L7421OTG1.83P1C004132 N
l.D.A., Jeedimetla, Hyderabad, Email:cs@azad.in '":llJ:ilEC^e452H12' A z AD\Y
Telangana-500 055, lndia. Web: www.azad.in
AZAD
Annexure - A
S. No. Particulars Details
1. Name of the entity awardirrg the Bharat Fleavy Elech'icals I-imitecl (RI IIll.)
order(s) / conh'act(s);
2. Sigr-rificant terms aud conditions of Supply of critical stator valtes arrcl rotor.
orcler(s)/contract(s) awarded in brief blades (airfoils) for gas turbines
J. Whether orcler(s) / contract(s) have beerr Dornestic
awarclecl by clornestic/ internatior-ral
entity
4. Nature of orcler(s) / contract(s); Long Term Rate Conh'act
5. Whether dornestic or international Domestic
Tirne period by which
6. the October 9,2028
or4er(s)/conh'act(s) is to be executed;
7. Broacl consicleration or size of the Approximately {52.68 crorc.
order(s)/ corr kact(s);
B. Whether the promoter/ prornoter group / No
group cornpanies have any interest in the
entity that awarcled
order(s)/conh'act(s)? If yes, nature of
interest and details tl-rereof
9. Whetl-rer the orcler(s)/contract(s) would No
fall within relatecl party transactior-rs? If
yes, whether the sarne is done at "arm's
length
Limited
Azad Engineering A=---
Plot No.90/C, 90/D, Phase -1, Contact: O4O-23O97OO7 CIN NO: L7421OIG1983P1C004132 l----N
i3,*,ii?1.$3'3;ilfl3iil", i[fl]'ffi9:111[ A z AD\y
:'J]H:ilECAe452H1z',