Shivalic Power Control Limited, a well-established player in the power control sector, has recently secured a prestigious order for LT Panels worth approximately Rs. 36 Lacs from JBM Auto. The order, which is significant for the company’s growth trajectory, falls under the category of commercial contracts and highlights the company's capabilities in delivering high-quality power control solutions.

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company shared the details of the award as part of its regulatory obligations to inform the stock exchanges and investors about any material events that could impact the company’s operations.

Details of the Order:

• Entity Awarding the Order:
  The order has been awarded by JBM Auto, a reputable entity in the automotive sector.

• Size and Nature of the Order:
  The total value of the order is Rs. 36 Lacs. This order pertains to the manufacturing and supply of LT Panels, which are used in various power distribution applications.

• Execution Time Frame:
  The project is expected to be completed by June 2025. This indicates that Shivalic Power Control Limited has a clear timeline for the delivery and execution of the project.

• Domestic Nature of the Order:
  The order is awarded by a domestic entity, ensuring that Shivalic Power Control Limited continues to focus on its stronghold in the Indian market. This reinforces the company's standing in the domestic industry and its ability to cater to large-scale contracts.

• Commercial Nature of the Order:
  The order is categorized as a commercial contract, which means it will involve the delivery of products as per the specifications agreed upon between Shivalic Power Control Limited and JBM Auto.

• Promoter and Group Companies:
  There is no involvement of the promoter/promoter group or group companies in the awarding of the order. Therefore, the transaction does not fall under the related party transactions category and is done at arm's length.

This order from JBM Auto signifies an important milestone for Shivalic Power Control Limited as it continues to expand its presence in the commercial power control sector. The company has established itself as a reliable supplier of power control products, and this order further strengthens its reputation.

Shivalic Power Control Limited has been growing steadily in the power and control solutions market and remains committed to delivering high-quality products within set deadlines. The company aims to leverage such orders to bolster its capabilities and enhance its market share in the industry.

This project also highlights Shivalic Power Control Limited's focus on sustaining long-term relationships with key customers like JBM Auto, ensuring continuous business growth and opportunities in the competitive market.

Conclusion:

With this Rs. 36 Lacs order, Shivalic Power Control Limited strengthens its portfolio and reinforces its position in the market. As the company continues to expand its operations and meet industry demands, it is expected to maintain its upward trajectory in the power control and electronics industry. Investors and stakeholders should keep a close watch on future developments and any further orders or contracts that the company may secure in the coming months.

The company remains on track to execute the project within the stipulated timeline, ensuring quality delivery by June 2025, which could positively impact its business prospects moving forward.

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