Valiant Communications Limited, a BSE-listed and ISO-certified Indian company, has officially announced the receipt of a purchase order worth ₹3,746 lakhs (₹37.46 crore inclusive of taxes) from Tejas Networks Limited, a Tata Group company. This order follows the earlier Letter of Intent (LOI) that was disclosed on March 24, 2025, and is a significant milestone in the implementation of the GETCO (Gujarat Energy Transmission Corporation) project.

This announcement has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and aligns with the Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11-11-2024. The company has disclosed that the purchase order pertains to the supply and commissioning of Communication, Protection, and Synchronization equipment, and it confirms the commercial commencement of its role in the GETCO energy infrastructure project.

The project is scheduled to be completed by June 30, 2026, and the disclosure confirms that this is a domestic contract, awarded directly by Tejas Networks Limited, with GETCO as the end-user.

Details of the Purchase Order

As per the formal communication sent to the BSE by Valiant Communications, the order awarded includes:

• Scope of Work: Supply and commissioning of Communication, Protection, and Synchronization equipment.

• Order Value: ₹3,746 lakhs (₹37.46 crore) inclusive of applicable indirect taxes.

• Execution Deadline: The project must be completed by June 30, 2026.

• Order Type: This is a domestic order, and not a related party transaction.

• Client: Tejas Networks Limited, a prominent Tata Group entity, is the contracting company, while GETCO is the end-user.

• Commercial Terms: The order includes all applicable technical requirements, and the execution will be handled by Valiant as per pre-agreed specifications.

Significance of the Order for Valiant Communications

This ₹37.46 crore purchase order is a strategic win for Valiant Communications, showcasing its continued relevance and technical strength in the telecommunications and energy synchronization domain. The company's ability to secure this order from Tejas Networks, a reputed and established name in the Indian telecom and infrastructure industry, further solidifies Valiant’s position in the sector.

This order is a continuation of Valiant’s earlier disclosed engagement with the GETCO project, which is aimed at strengthening energy transmission networks in Gujarat. The GETCO project has been designed to enhance energy distribution efficiency and grid reliability across the state, and Valiant's specialized communication and protection equipment will play a key role in achieving that.

Compliance with SEBI Disclosure Norms

In accordance with SEBI Regulation 30, Valiant Communications has submitted all required information transparently, including:

• The name of the entity awarding the contract (Tejas Networks Limited).

• A clear description of the scope and value of the contract.

• The timeframe for execution.

• Affirmations that there is no related party involvement or promoter interest in the deal.

• Confirmation that the transaction is executed on an arm’s length basis.

The company has also adhered to the SEBI Circular dated February 25, 2025, which mandates disclosures to be made on a gross basis (inclusive of indirect taxes), ensuring complete transparency to investors and regulators.

Implications for Tejas Networks and GETCO

The awarding of this contract by Tejas Networks underlines the collaborative ecosystem within the Indian energy and telecom sectors. Tejas Networks, backed by the Tata Group, is expected to play an integrator’s role in delivering high-quality technology to GETCO.

GETCO, on the other hand, is the state transmission utility of Gujarat, playing a vital role in the infrastructure development of India’s western grid system. The deployment of Valiant’s advanced synchronization equipment will aid in improving real-time energy transmission, power protection, and communications systems, which are critical for maintaining grid stability in high-load environments.

Strategic Outlook for Valiant

Valiant Communications’ involvement in the GETCO project represents a significant move toward expanding its domestic infrastructure footprint. The successful execution of this ₹37.46 crore contract will potentially open more opportunities with state-owned transmission companies, as well as enhance the company’s standing in the telecom and utility sectors.

The company’s equipment is known for precision timing, secure communication protocols, and network protection features, all of which are essential in modern energy grid setups. These capabilities are likely to be instrumental in delivering the desired project outcomes for GETCO.

The partnership also reflects a broader shift in India’s infrastructure development approach, where digitization and synchronization of power systems are being prioritized to meet growing energy demands.

Market Reaction and Investor Insight

This announcement is expected to draw positive investor sentiment, particularly due to the size and nature of the order, and the prestige associated with the Tata Group and GETCO project. Given that Valiant is a small-cap listed company, such substantial contracts can provide significant top-line growth, improved margins, and potential for order book expansion in FY2025-26 and beyond.

Investors tracking the Valiant Communications stock on BSE are likely to view this as a growth catalyst, and the contract execution progress may impact future market valuations. The company’s ability to meet the technical expectations of such large clients will further strengthen its brand reliability.

Final Thoughts

In conclusion, Valiant Communications Limited’s receipt of a ₹37.46 crore purchase order from Tejas Networks for the GETCO energy synchronization project is a major operational development. It reflects the company’s engineering competence, regulatory compliance strength, and strategic relevance in India’s infrastructure domain.

The order execution deadline of June 30, 2026, gives the company a substantial time frame to plan and deliver effectively. More importantly, this engagement with Tejas Networks and GETCO positions Valiant for future collaborations, and signals its upward trajectory in the communication and protection equipment industry.

As the company moves forward with this execution, stakeholders and market watchers will keenly observe its milestone achievements, project delivery standards, and post-completion reviews — all of which will define Valiant’s position in India's next-generation infrastructure landscape.

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