Silgo Retail Limited has informed the Exchange about General Updates
SILGO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.9 pts more than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Silgo Retail has received a Letter of Award (LOA) from Jodhpur Vidyut Vitran Nigam Limited (JDVVNL), a state government power distribution company, for setting up 5.50 MW of grid-connected solar power plants across 3 sites under the PMKUSUM Component A Scheme. The project involves an investment of about Rs. 19.50 crore (including GST) and is expected to generate annual revenue of approximately Rs. 2.68 crore at a fixed tariff of Rs. 3.04 per unit. Silgo will also handle operations and maintenance for 25 years from the date of commissioning, with execution targeted by FY 2026-27. This is a follow-up to an earlier announcement dated September 16, 2025, indicating the company is winning multiple orders under the same government scheme.
This is a positive development as it adds a long-term government-backed revenue stream with 25 years of O&M visibility. However, the annual revenue contribution of ~Rs. 2.68 crore is modest, so the near-term stock impact may be limited unless more such orders follow.