Submission of Additional Disclosure under Regulation 30 of SEBI (LODR) Regulation, 2015 and SEBI Master Circular dated November 11, 2024 - Order Details
SGMART · price
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SG Mart Ltd has secured orders worth Rs. 266 Crore (excluding GST) for the supply of solar module mounting structures. The orders have been received from multiple domestic Independent Power Producers (IPPs). Delivery of the structures is scheduled to take place during FY 2025-26. The company clarified that these are not related party transactions and there is no promoter interest in the entities awarding the orders. This marks SG Mart's foray into the renewables sector. The disclosure was made under SEBI's LODR Regulation 30 in response to BSE's query on the June 12, 2025 press release.
This is a significant new order win for SG Mart, potentially boosting its order book and revenue visibility for FY 2025-26. For a small-cap company, a Rs. 266 Cr order is material and could positively impact stock sentiment as it represents entry into the growing solar/renewables segment.