Vdeal System Limited has announced receipt of a new order for supply of Power Distribution System. The order is valued at Rs 54035573.36, which is about Rs 5.40 crores. This information was given to National Stock Exchange of India Limited on September 19, 2026.
Vdeal System Limited Receives Rs 5.40 Crore Order from Mogli Labs India
Official Intimation Details
The company filed this disclosure under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The reference number is VDEAL-260919-001 and date is 19-09-2026. The NSE Symbol is VDEAL and ISIN is INE0U2M01015.
The letter was signed by Priyabrata Nayak, Company Secretary and Compliance Officer of Vdeal System Limited. The company said it is delighted to announce this new order win.
Order Value and Client Name
The order value is Rs 54035573.36, that is Rupees five crore forty lakh thirty-five thousand five hundred and seventy-three rupees and thirty-six paise only. The entity awarding the order is MOGLI LABS (INDIA). The company said this is an existing client, which shows good client relationship.
Details of Power Distribution System Order
What is the Nature of Contract?
As per Annexure A of the filing, the nature of contract is supply of Power Distribution System as per the purchase order. This is a domestic order, not international. Broad consideration is Rs 5.40 crores.
Power Distribution System means electrical panels and systems that distribute electricity in factories, plants and industrial buildings. Vdeal System Limited is a company that works in industrial electrical solutions.
Delivery Timeline
The time period by which the order is to be executed or delivered is by 15-Jan-2027. So the company has about 4 months time to complete supply. The company is known for timely execution and delivery of its projects and work assignments.
Is it Related Party Transaction?
Promoter Interest Details
The company has clearly informed that promoter, promoter group or group companies have no interest in the entity that awarded the order. So there is no conflict of interest.
Normal Course of Business
As per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, the company informed that this order falls within normal course of business and it is not a related party transaction. The order is done at arm’s length and in normal business activity.
Why This Order is Important for Vdeal System Limited?
Business Growth and Shareholder Value
The management of Vdeal System Limited said as they continue to expand their footprint, these wins pave the way for sustained business growth and enhanced shareholder value. The company is always concerned and feels duty bound to safeguard interest of all its stakeholders.
Getting repeat order from existing client like Mogli Labs India shows trust of client in Vdeal’s quality and timely delivery. This order will add to revenue in current financial year and next quarter.
What is Mogli Labs India?
Mogli Labs (India) is a domestic entity. It is known for e-commerce and industrial supply business. The exact nature of its business includes maintenance, repair and operations supplies. Getting order from such client shows Vdeal’s presence in industrial electrical supply segment.
What Does Power Distribution System Include?
Simple Explanation
Power Distribution System is a system that receives power from main source and distributes it to different machines and equipment in a factory. It includes distribution boards, panels, breakers, cables and safety devices. Without this system, factory cannot run safely.
Vdeal System Limited supplies and installs such systems for industries. This order is for supply of such system worth Rs 5.40 crores.
Simple Summary for Investors
Key Points to Remember
In simple words, Vdeal System Limited got a new order of Rs 5.40 crores from Mogli Labs India on 19th September 2026. The order is for supply of Power Distribution System. It is a domestic order and delivery must be completed by 15th January 2027. This is not a related party transaction and no promoter has interest in it. This order is in normal course of business. Company said such wins help in business growth and shareholder value. The NSE Symbol is VDEAL and ISIN is INE0U2M01015. Official filing reference is VDEAL-260919-001.