MoneyWorks4Me

Atlanta Electricals informs about receipt of debarment order

14 May 2026 Evaluate
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Atlanta Electricals has informed that the Company has received a Debarment Letter from one of its ex-customers, South Bihar Power Distribution Company Limited (SBPDCL), in relation to a purchase order executed during FY2023-24, debarring the Company for a period of two years. The said communication was received by the Company on 13.05.2026 and pertains to the supply of 4 Nos. 10 MVA, 33/11 kV ONAN Power Transformers against a purchase order value of less than Rs 3 Crores.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Waaree Energies 2518.45
Apar Industries 16700.00
Havells India 1095.25
Suzlon Energy 42.21
Siemens 3754.45
View more..