PIGL NSE filing

PIGL Secures ₹3.72 Crore Order for Distribution Infrastructure Development

The RealCase readMedium impact Positive

PIGL received an additional work order valued at ₹3.72 Crore from Ajmer Vidyut Vitran Nigam Limited. The order is for supply, erection, installation, testing, and commissioning of equipment for distribution infrastructure development under the RDSS scheme. The total aggregated value of related orders stands at ₹38.28 Crore. The order is to be executed within 15 months.

Why it matters

The order value of ₹3.72 Crore is significant for the company and contributes to its overall order book, indicating business growth. However, it is not a transformative amount that would drastically alter the company's financial standing in the short term.

The market read

The company has secured a new order, which is a positive development for its business and revenue.

Power & Instrumentation (Gujarat) Limited (PIGL) has received an additional work order worth ₹3,72,38,087 (Three Crore Seventy-Two Lakh Thirty-Eight Thousand Eighty-Seven Rupees), including taxes. This order contributes to an aggregated value of ₹38,28,38,087 (Thirty-Eight Crore Twenty-Eight Lakh Thirty-Eight Thousand Eighty-Seven Rupees), including taxes.

This order is in continuation to a previous intimation made on October 9, 2025. The contract has been awarded by M/s Ajmer Vidyut Vitran Nigam Limited for the supply, erection, installation, testing, and commissioning of material and equipment. The project involves the development of distribution infrastructure for the segregation of 11 KV mixed feeders at the Salumbar Circle of Ajmer Discom in Rajasthan, under the RDSS scheme, on a turnkey basis. The order is against AVVNL/RDSS -FS/SLB/TN-165.

The execution period for this order is 15 months. The entity awarding the contract is a domestic entity, and the order does not fall within related party transactions. There is no interest from promoters, promoter group, or group companies in the entity that awarded the order.

Filing to action

What to do with a filing like this

Power & Instrumentation (Gujarat) Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Power & Instrumentation (Gujarat) Limited. Read the original for the full detail.

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