Accord Transformers Wins ₹9.69 Crore Orders; Shares Rise To ₹66

Mumbai September, 02: Accord Transformers & Switchgear Limited has received purchase orders worth ₹9.69 crore, including GST, from Megha Engineering & Infrastructures Limited for the supply of power transformers for electric vehicle charging station development projects.

According to the company’s exchange filing, the two orders have a basic value of ₹8.21 crore. GST of ₹1.48 crore takes the total order value to ₹9.69 crore.

The orders cover 17 transformers in aggregate, comprising 15 transformers of 2,000 kVA each and two transformers of 2,500 kVA each. The equipment will be supplied for 11kV/22kV Power Sub-Station transformers associated with EV charging station development projects.

Accord Transformers said the orders were received in the ordinary course of business and were awarded by a domestic entity.

Stock Market Snapshot

The Accord Transformers share price reached ₹66 as of 3:32 PM IST on September 2, 2026, according to the market data shown in the trading screen.

The stock moved sharply during the session. It fell to around ₹61.20 in the morning before recovering and spending much of the afternoon above ₹63. It then moved higher towards the ₹66 level near the end of the session.

The stock’s recovery came as investors tracked the company’s latest order disclosure involving transformer supplies for EV charging infrastructure.

Orders Cover Transformers For EV Charging Infrastructure

The purchase orders are linked to Megha Engineering’s EV charging station development projects, giving Accord Transformers an order opportunity in a segment where electrical infrastructure is an important part of project deployment.

The company will supply 17 transformers across the two purchase orders. The larger portion consists of 15 units rated at 2,000 kVA, while the remaining two units have a rating of 2,500 kVA.

Delivery timelines are staggered. The filing states that the order associated with PO-4500111258 is scheduled for execution by October 31, 2026, while PO-4500111257 is scheduled for delivery by March 31, 2027.

Accord Transformers Order Terms Include Fixed Pricing And Payment Protection

The orders have a fixed price, with 100% payment to be made through an irrevocable 60-day Usance Letter of Credit. The filing also provides for delivery within six to eight weeks of manufacturing clearance and drawing approval.

The contract includes a liquidated damages provision of 0.5% per week of delay, capped at 5%. Warranty coverage is specified for 60 months from commissioning or 66 months from receipt, subject to the terms of the order.

The company has also disclosed that the orders are domestic in nature and do not involve the promoter or promoter group of the awarding entity.

Accord Transformers Expands Its Order Pipeline Through Power Equipment Supply

Accord Transformers & Switchgear is engaged in the manufacture and supply of transformers and switchgear products used across power and electrical infrastructure applications.

The latest orders add to its business in transformer supply while also giving the company exposure to infrastructure being developed around EV charging networks.

With deliveries extending into March 2027, the orders provide a defined execution pipeline over the coming months. The company will be responsible for supplying the specified transformer equipment in accordance with the agreed technical and delivery requirements.

Conclusion

Accord Transformers & Switchgear has secured two purchase orders from Megha Engineering & Infrastructures with a combined value of ₹9.69 crore, including GST.

The orders cover 17 transformers for 11kV/22kV power sub-stations supporting EV charging station development projects, with deliveries scheduled through March 2027.

The Accord Transformers share price reached ₹66 as of 3:32 PM IST on September 2, 2026, after recovering from the session’s early weakness.

Source:

• https://www.bseindia.com/stock-share-price/accord-transformer-switchgear-ltd/accordts/544710
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/f0ef63ba-dce1-4dbf-a1eb-48b0a99a5b69.pdf