Advait Energy Transitions won a ₹69.52 Crore turnkey contract from DGVCL to convert an 11/22 kV overhead network underground. Execution spans 24 months after a 45-day commencement period.
Value
₹69.52 Cr
From
Dakshin Gujarat Vij Company Ltd (DGVCL)
Execution
24 months (excluding June-July-August monsoon period) after a 45-day commencement period
Advait Energy Transitions won a Rs 62.05 Crore turnkey order from DGVCL for underground cable conversion in Vyara Division. Execution spans 24 months, excluding monsoon periods.
Value
₹62.05 Cr
From
DAKSHIN GUJARAT VIJ COMPANY LTD. (DGVCL)
Execution
24 months (excluding monsoon period June-July-August) after a 45-day commencement period
Designated person Priyank Nimishkumar Shah bought 193 equity shares of Advait Energy Transitions on NSE for ₹0.03 Crore. Routine PIT Reg 7(2) insider-trading disclosure with no material corporate event.
CRISIL reaffirmed Advait Energy Transitions' credit rating at A-/Stable, A2+ on November 2, 2026. Rated bank facility was enhanced from Rs. 405 crore to Rs. 675 crore.
Advait Energy Transitions will acquire additional stake in its subsidiary Advait Greenergy for Rs 7.96 Crore in cash. The deal is a related party transaction, and the filing states it is at arm's length.
Advait Energy Transitions shareholding pattern for quarter ended 30 September 2026 shows promoter holding of 66.72%. Routine SEBI Reg 31 disclosure with no transaction or capital event.
Advait Energy will acquire additional stake up to 90% in subsidiary AURA from Sheth Family Trust for cash. Consideration is ₹0.001 Crore, completion expected by 28-Feb-2027.
Advait Energy reported Q2 FY27 consolidated revenue of ₹220.9 crore, up 40.8%, and PAT of ₹19.18 crore, up 88.5%. Its order book reached ₹1,574.8 crore.
Advait Energy Transitions appointed Vimal Kishore Yadav as Chief Operating Officer, effective 30 October 2026. He brings about two decades of energy infrastructure experience.
Advait Energy Transitions will hold a board meeting on October 30, 2026 to approve Q2 and half-year unaudited results. The trading window closes until 48 hours after the results are made public.
Advait joined a HERC-licensed distribution consortium led by Eleven Power covering Gurugram and Nuh districts. This expands its power distribution infrastructure footprint.
ALFA Finder