Mumbai, Oct. 29 -- Valiant Communications has disclosed a domestic order valued at Rs. 147.6 mn, inclusive of taxes, for the supply of grid communication and grid protection solutions. The company made the disclosure under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.
The order was awarded by a system integrator, which was identified in the disclosure as a private entity. It covers supply only and is intended for a critical infrastructure end-user, with execution scheduled for completion by 31 October 2027.
The filing states that the solutions will be supplied in line with the project's technical requirements. It classifies the awarding entity as domestic and describes the arrangement as a supply-only order, without indicating any additional execution scope or associated services.
Valiant Communications said neither its promoter or promoter group nor its group companies have any interest in the entity that awarded the order. The filing also records that the order does not fall within related-party transactions and does not require consideration under an arm's-length arrangement.
The consideration has been reported on a gross basis, inclusive of applicable taxes, in line with a SEBI circular dated 25 February 2025 and the Industry Standards on Regulation 30 prescribed by the Industry Standards Forum. Company secretary Manish Kumar signed the disclosure on behalf of Valiant Communications. The company's filing identifies the end-user as critical infrastructure and provides no further details about the system integrator or the specific deployment location.
Published by HT Digital Content Services with permission from Construction World.