Indo Tech Transformers Share Price in Focus After ₹64.99 Crore Order Cancellation by Renew Wind Energy

Indo Tech Transformers Limited has announced the cancellation of a significant order by Renew Wind Energy (JAMB) Private Limited. This development was disclosed in compliance with Regulation 30 (7) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. 

Details of the Cancelled Order 

The order, initially executed on January 8, 2026, involved the supply of 6 transformers, each rated at 220 kV – 165 MVA. The total value of this order was ₹64.99 crore, excluding applicable taxes. Renew Wind Energy cited project delays as the reason for the cancellation. 

Despite this cancellation, Indo Tech Transformers has maintained a robust order book. The company has secured orders worth approximately ₹80 crore from various renewable projects in the past week alone. 

Impact on Indo Tech Transformers 

Indo Tech Transformers has clarified that the cancellation will not have a significant impact on its operations, as the manufacturing of the transformers had not yet commenced. The company continues to enjoy a healthy order book, ensuring stability in its business operations. 

Read More: Omnitech Engineering Secures ₹920 Crore Order from Weatherford Products GmbH Under MPA Framework! 

Compliance with SEBI Regulations 

The cancellation of the order was communicated to the stock exchanges as an amendment to the earlier disclosure made on January 9, 2026. This action aligns with the company's commitment to transparency and adherence to SEBI regulations. 

Indo Tech Transformers Share Price Performance 

As of March 11, 2026, at 3:30 PM, Indo Tech Transformers share price on NSE was closed at ₹1,378.30 down by 0.34% from the previous closing price. 

Conclusion 

Indo Tech Transformers' announcement of the order cancellation by Renew Wind Energy highlights the dynamic nature of business engagements in the renewable energy sector. The company remains well-positioned with a strong order book, mitigating the impact of this cancellation. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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