Receipt of Letter of intent
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.3 pts more than Nifty Microcap 250 and 4.3 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Jyoti Ltd's Switchgear Division has secured a Letter of Intent worth Rs. 43.07 Crores (including GST) from Gujarat Energy Transmission Corporation Limited (GETCO), a Government of Gujarat undertaking, for the supply of 584 units of 11KV VCB (Vacuum Circuit Breaker) Panels. The order is a domestic one with payment terms as per the purchase order, and the goods are to be supplied on or before 18 August 2026. There is no related party connection or promoter interest involved in this transaction. The company has a guarantee period of 60 months from commissioning or 66 months from supply, whichever is earlier.
This is a positive order win from a state government-owned power transmission utility, adding Rs. 43+ Crores to the order book and providing revenue visibility through August 2026. The order supports the Switchgear Division's business and could be modestly positive for the stock, though the absolute size needs to be assessed relative to the company's overall revenue base.