Announced Mon, 30 Jun · 18:10 IST

Servotech Renewable Power System Limited has informed the Exchange about Bagging/Receiving of orders/contracts

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SERVOTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Servotech Renewable Power System has secured an order worth ₹162 lakh (₹1.62 crore) from Bengaluru International Airport Limited (BIAL). The order involves installing an EV charging station with 10 ultra-fast DC EV chargers of 240 kW each at Kempegowda International Airport, Bengaluru, for airside EV operations. The scope includes supply, erection, testing, and commissioning of the charging station. The project is to be completed within 75 days from the date of the purchase order. It is a domestic order with no related party interest from the promoter group.

Likely market impact

The order size is relatively small at ₹1.62 crore and is unlikely to materially move the stock, but it adds to Servotech's visibility in the airport EV charging infrastructure segment and reinforces its order book momentum.