Quality Power Subsidiary Secures INR 18 Crore Instrument Transformers Order
Filing Summary
Quality Power Electrical Equipments Ltd’s material subsidiary, Mehru Electrical and Mechanical Engineers Private Limited, has received a Letter of Award for the supply of Instrument Transformers. The contract, valued at approximately INR 18 Crores excluding taxes, is to be executed within eight months. The awarding entity remains undisclosed due to a Non-Disclosure Agreement. The order is from a domestic entity and does not involve related party transactions. This update is in compliance with Regulation 30 of the SEBI Listing Regulations, 2015, and has been recorded on the company’s website.
On 20th February 2026, Quality Power Electrical Equipments Ltd announced that its material subsidiary, Mehru Electrical and Mechanical Engineers Private Limited, has received a Letter of Award for the supply of Instrument Transformers. The award is pursuant to Regulation 30 of the SEBI Listing Regulations, 2015, and SEBI Circular dated November 11, 2024.
The contract is valued at approximately INR 18 Crores, excluding taxes, and is expected to be executed within a period of approximately eight months. The entity awarding the contract has not been disclosed due to a Non-Disclosure Agreement. The order is from a domestic entity, and the nature of the contract is a Letter of Award.
The filing confirms that there is no interest from the promoter or promoter group in the entity awarding the contract. Additionally, the transaction does not fall within related party transactions, ensuring it is conducted at arm’s length.
This information has been updated on the SDD software and will be available on the company’s website at www.qualitypower.com. The company has communicated this update to both the National Stock Exchange of India Limited and BSE Limited, where it is listed under the NSE symbol QPOWER and BSE scrip code 544367.
Mehru Electrical and Mechanical Engineers Private Limited specializes in the production and supply of electrical equipment, focusing on transformers and related products. The subsidiary plays a crucial role in expanding Quality Power’s reach in the domestic market.
Quality Power Electrical Equipments Ltd is engaged in the manufacturing and supply of electrical equipment. The company focuses on enhancing its product offerings and expanding its market presence through strategic contracts and partnerships. Its operations are aligned with industry standards and regulatory requirements, ensuring compliance and quality in its deliverables.