Announcement under Regulation 30 of SEBI (LODR Regulations) 2015 for Receipt of Order for supply of cables in the States of Bihar & Jharkhand
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Awaiting price reaction for this filing.
JD Cables Ltd has received a significant work order from reputed domestic EPC Contractors for the manufacturing, testing, supply and delivery of Aerial Bunched XLPE Cable, LT XLPE AB Cable and Control Cable totalling 831 kms in the states of Bihar and Jharkhand. The total order value is INR 8,81,41,806 (approximately Rs 8.81 crore) plus GST. The company has confirmed that the order is from a domestic entity, has no related party interest, and is not a related party transaction. No specific execution timeline has been disclosed beyond delivery as per confirmation received.
This is a positive development for JD Cables as it adds a new order worth around Rs 8.81 crore to its order book, supporting future revenue visibility. However, since the order is from an EPC contractor (not directly from a government entity), investors should monitor execution and collection timelines to gauge real impact on earnings.