Servotech Renewable Power System Announces New Order Win

Servotech Renewable Power System Legal & Regulatory

Servotech Renewable reported an update on an ongoing fraud involving two employees, noting a recovery of Rs. 0.76 crore. The estimated fraud amount remains unchanged.

Value

₹0.76 Cr

Servotech Renewable Power System Board Meeting Date

Servotech Renewable Power System Limited will hold a board meeting on November 3, 2026. The board will consider half-yearly unaudited financial results.

Servotech Renewable Power System Legal & Regulatory

Servotech updated stakeholders on an internal fraud investigation, noting the arrest of two involved employees. The estimated fraud amount remains approximately ₹2.00 crore.

Value

₹2.00 Cr

Servotech Renewable Power System Credit Rating

Infomerics Ratings reaffirmed Servotech Renewable Power System's long-term rating at IVR BBB+ while upgrading the outlook to Positive. The rating covers total bank facilities of ₹451.84 Crore.

Value

₹451.8 Cr

Servotech Renewable Power System Product Launch

Servotech Renewable Power System Limited launched Hybrid Solar Inverters and Micro Grid Inverters. The products cater to domestic and international markets, including SAARC and Middle East regions.

Servotech Renewable Power System Annual General Meeting

Servotech Renewable Power System Limited held its 22nd Annual General Meeting on September 25, 2026. Shareholders transacted all business items as per the meeting notice.

ACME Solar Holdings Bags New Order from NTPC Limited

ACME Solar's subsidiary signed a PPA with NTPC for a 400 MW FDRE project. Supply is scheduled to start by June 2028, with a 25-year tenure.

From

NTPC Limited

Execution

Scheduled Commencement of Supply Date 30.06.2028; project tenure 25 years from SCSD

FDRE power project contracted capacity

400.0 MW

Zaggle Prepaid Ocean Services Bags New Order from AGP City Gas Private Limited

Zaggle Prepaid Ocean Services will provide its Zaggle Propel platform to AGP City Gas under a one-year agreement. Fees depend on active users and redeemed vouchers, so no contract value is disclosed.

From

AGP City Gas Private Limited

Execution

1 year

Vascon Engineers Bags ₹72 Cr Order from Neobridge Realty LLP

Vascon Engineers received a Letter of Intent worth Rs.72 Crore from Neobridge Realty LLP. The 25-month construction contract covers the Astoria residential project in Bandra, Mumbai.

Value

₹72.00 Cr

From

Neobridge Realty LLP

Execution

25 months

Transteel Seating Technologies Bags ₹0.26 Cr Order from 315 Work Avenue Spaces Private Limited

Transteel Seating won a Rs 26.12 lakh furniture supply and installation order from 315 Work Avenue Spaces. Execution is due within one week.

Value

₹0.26 Cr

From

315 Work Avenue Spaces Private Limited

Execution

Within 1 week from the date of work order

Aptech Bags ₹3.21 Cr Order from Autonomous Government Body

Aptech received a Rs.3.21 Crore order from an autonomous government body to conduct online examinations. Service runs from 1 January 2027 to 31 December 2027.

Value

₹3.21 Cr

From

Autonomous Government Body (name not disclosed)

Execution

1 January 2027 to 31 December 2027

Oriental Rail Infrastructure Bags ₹630.6 Cr Order from Ministry of Railways, Indian Railways

Oriental Rail Infrastructure received a Ministry of Railways order to manufacture and supply 1,560 BOXNS wagons. The order is valued at about ₹630.61 Crore, inclusive of GST.

Value

₹630.6 Cr

From

Ministry of Railways (Railway Board), Indian Railways

Execution

Delivery period for the additional 360 BOXNS wagons up to June 11, 2027; the core 1,560-wagon supply period is not separately stated