Details of the order received from Dakshin Gujarat Vij Company Limited (DGVCL)
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Sugs Lloyd Ltd has received an order worth ₹85.45 lakhs (including GST) from Dakshin Gujarat Vij Company Limited (DGVCL), a Gujarat government power distribution company. The scope involves supply, installation, testing, and commissioning of 1,200 Fault Passage Indicator units for 7 KV to 13 KV overhead lines. Delivery will be completed within 2 months (in equal monthly lots) after a 45-day commencement period from the LOA date of 11 September 2025. The company itself clarified that this order does not qualify as a material event under SEBI's Listing Regulations, suggesting it is relatively small compared to its overall business.
This is a modest, routine order from a state government utility. It is unlikely to have a meaningful impact on the stock price or overall business outlook, as the company itself has stated the order is not material enough to trigger disclosure under Regulation 30.