Recepit of letter of intent (LOI)
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
JSL Industries has received a Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCL), a state government-owned power transmission utility, for supply of 66KV Class Current Transformers (CTs). The total order value is Rs. 1.51 Crores (excluding GST). It is a domestic order with standard payment terms via e-procurement, freight and insurance inclusive, and a 60-month guarantee period. The order needs to be executed by November 20, 2026. No related party interest is involved, and the promoter group has no stake in the awarding entity.
This is a modest-sized order from a reputed state PSU, which strengthens the order book of JSL's Instrument Transformer Division but is unlikely to materially move the stock given its small size relative to operations. It signals continued business from government utilities, which provides revenue visibility.