Valiant Communications Secures INR 6.32 Cr Contract with TGTRANSCO
Filing Summary
Valiant Communications Limited has received a Letter of Intent from the Transmission Corporation of Telangana Limited (TGTRANSCO) for a contract valued at INR 632 Lacs. The contract involves the supply and commissioning of protection equipment, with completion expected by May 30, 2026. This domestic contract does not involve any related party transactions, and there is no interest from the promoter group in TGTRANSCO. The financial terms are inclusive of taxes, as per SEBI regulations. Valiant Communications continues to focus on providing communication solutions.
Valiant Communications Limited has announced the receipt of a Letter of Intent from the Transmission Corporation of Telangana Limited (TGTRANSCO). The contract is valued at INR 632 Lacs and involves the supply and commissioning of protection equipment. The execution of this contract is scheduled to be completed by May 30, 2026.
The contract with TGTRANSCO is a domestic agreement, and it does not involve any related party transactions. Furthermore, there is no interest from the promoter or promoter group of Valiant Communications in TGTRANSCO. The financial consideration for this contract is reported on a gross basis, inclusive of applicable indirect taxes, in compliance with SEBI regulations.
Valiant Communications has confirmed that the contract is solely for supply and commissioning purposes. The company has not disclosed any additional information regarding the terms and conditions of the contract beyond the technical requirements specified by TGTRANSCO.
Transmission Corporation of Telangana Limited (TGTRANSCO) is a state-owned entity responsible for the transmission of electricity in the state of Telangana. The corporation focuses on maintaining and expanding the electricity transmission network to ensure reliable power supply across the region.
Valiant Communications Limited specializes in providing communication solutions, including network synchronization and protection equipment. The company is committed to delivering high-quality products and services to its clients, focusing on expanding its presence in the telecommunications sector.