Servotech Renewable Power System Limited has informed the Exchange regarding a press release dated March 11, 2026, titled "Servotech & Electra EV Secure Joint Patent for Low-Voltage Electric Vehicle Charging Device".
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Servotech Renewable Power System has been granted a 20-year joint patent by the Indian Patent Office, along with partner Electra EV, for a new Electric Vehicle Charging Device aimed at low-voltage EVs. The patented technology enables fast DC charging of sub-200V DC vehicles, including those on the GB/T Bharat DC 001 standard, using existing high-voltage CCS2 fast-charging stations. It is targeted at segments like small commercial EVs and pick-up vans, addressing a key charging compatibility gap in India's EV ecosystem. The patent is effective from December 4, 2023. The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.
The patent strengthens Servotech's IP portfolio and positions it to benefit from the growing low-voltage EV segment in India, particularly in last-mile and small commercial fleets. While this is a positive long-term development for innovation credentials, it is not a direct revenue-generating order and its short-term impact on the stock price may be limited.