Arfin India Limited has informed the Exchange about Receiving of Master letter of Acceptance from Dakshin Gujarat Vij Company Limited
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Arfin India Limited has received a Master Letter of Acceptance from Dakshin Gujarat Vij Company Limited, a Government of Gujarat undertaking, for the supply of AAAC (All Aluminium Alloy Conductor) Conductors. The order is for an aggregate quantity of 20,400 KM valued at approximately ₹85.59 Crores (inclusive of GST). The supplies will be executed on a monthly basis over a seven-month period from May 2026 to November 2026. The order value is subject to variation as per prevailing market rates during the execution period. The order is domestic in nature and is not a related party transaction.
This is a sizeable government-sector order that provides strong revenue visibility for the company's near-term operations and signals continued demand from state power distribution utilities. For shareholders, it reinforces the order book position of Arfin India, though execution and price variation clauses introduce some risk to the final realized value.