Indo Tech Transformers Share Price in Focus After ₹64.99 Crore Order Cancellation

Shares of Indo Tech Transformers Limited are expected to remain in focus after the company disclosed that a previously announced order worth ₹64.99 crore has been cancelled by its client.

The development was reported to stock exchanges in accordance with Regulation 30(7) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring transparency in corporate disclosures.

Details of the Cancelled Order

The order had originally been awarded on January 8, 2026 by Renew Wind Energy (JAMB) Private Limited.

It involved the supply of six power transformers, each with a capacity of 220 kV – 165 MVA, with a total contract value of ₹64.99 crore, excluding applicable taxes.

According to the company’s statement, the customer cancelled the order due to delays in the related project.

Limited Impact on Operations

Indo Tech Transformers Limited clarified that the cancellation is not expected to have any major operational impact on the business.

The company explained that manufacturing for the transformers had not yet started, which limits the financial implications of the cancelled contract.

Strong Order Pipeline Continues

Despite the cancellation, the company reported that its overall order book remains strong.

In the past week alone, Indo Tech Transformers Limited has secured new orders worth around ₹80 crore, primarily linked to renewable energy projects, reinforcing demand for its transformer solutions.

Disclosure to Stock Exchanges

The company communicated the update as a revision to its earlier disclosure dated January 9, 2026.

This step was taken in compliance with the disclosure requirements laid down by the Securities and Exchange Board of India under its listing regulations, highlighting the company’s commitment to regulatory compliance and transparency.

Summary

• Indo Tech Transformers Limited announced the cancellation of a ₹64.99 crore order by Renew Wind Energy (JAMB) Private Limited.
• The order involved six transformers rated at 220 kV – 165 MVA.
• The client cancelled the order due to project delays.
• The company said the cancellation will not significantly impact operations as production had not started.
• Indo Tech Transformers recently secured new renewable energy orders worth around ₹80 crore.

The disclosure was made in compliance with rules set by the Securities and Exchange Board of India.

Disclaimer

This article is based on publicly available information and official statements. The content is intended for informational purposes only. The publication does not independently verify third-party claims or assertions mentioned in the developments.