Receipt of Letter of Intent( LOI)
Price
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Awaiting price reaction for this filing.
JSL Industries' Instrument Transformer Division has secured a domestic order worth Rs. 7.88 Crores (excluding GST) from Gujarat Energy Transmission Corporation Limited (GETCO), Vadodara. The order is for supply of 66KV Class Current Transformers and Potential Transformers, with execution expected by 30 December 2026. The order is from a domestic state PSU entity and is not a related-party transaction. Terms include inclusive packing, freight and insurance, with a 60-month guarantee period.
This is a positive development as it adds a confirmed order from a state-owned utility to the company's order book, providing revenue visibility through end-2026. However, the order size is modest, so any immediate stock impact is likely to be limited.