Rajesh Power Services Ltd

Rajesh Power Services Limited informed the BSE that it has set Friday, September 18, 2026, as the record date for the distribution of a final dividend of Rs 1 per equity share for the financial year ended March 31, 2026, subject to approval by shareholders at the upcoming Annual General Meeting.

Rajesh Power Services Limited informed the BSE that Viral Deepakbhai Ranpura (DIN: 07177208) has resigned as an independent director, effective August 11, 2026, citing personal and medical occupancy. Consequently, Ranpura will also cease to be the chairman/member of the audit, nomination and remuneration, stakeholders relationship, and corporate social responsibility committees of the company.

Rajesh Power Services Limited (RAJESH) BSE: 544291 , ISIN: INE0VN801010 announced Thursday that it has secured new orders worth Rs 362.83 crore from Paschim Gujarat Vij Company Limited (PGVCL) for the conversion of existing 11kV high tension (HT) and low tension (LT) line networks into underground cable networks at Jamnagar circle in Gujarat. The turnkey projects, awarded to Rajesh Power Services Limited, involve ring main system implementation with GIS mapping and asset tagging.

Rajesh Power Services Ltd is currently trading at Rs 854.6, down 0.64%, while the stock has risen 2.38% over the last week. Rajesh Power Services Limited has received a turnkey contract from Paschim Gujarat Vij Company Limited (PGVCL) for Rs 362.82 crores (including taxes) to convert existing power lines into an underground cable network in Jamnagar City-2 Division. The project, awarded on August 4, 2026, involves a 24-month execution period and is considered to be within the normal course of business, with no related party interest involved. The company disclosed the information in compliance with SEBI’s Listing Regulations. Rajesh Power Services Ltd. shares saw a trading volume of 25800 today, a surge of 66.45% compared to the average volume over the last one week. Rajesh Power Services Ltd. tanked by 42.62% year-over-year, underperforming the NIFTY50 index which gained 0.21%.

Rajesh Power Services has received order valued at Rs 75.05 crore from Rajasthan Rajya Vidyut Prasaran Nigam (RVPNL) for 132/33 kV, 2X50 MVA GIS Substation at Pal, Jodhpur along with associated transmission line including survey, supply of all equipment/material, erection (including civil works), testing & commissioning.

The contract covers the supply, installation, testing, and commissioning of 11 kV Medium Voltage Covered Conductors (MVCC), along with associated accessories and allied items. The project will be executed under the System Improvement (SI) Scheme across 11 kV feeders in PGVCL's Jamnagar Circle and is scheduled to be completed within 12 months. The company stated that the contract does not qualify as a related-party transaction. It also clarified that neither its promoters nor members of the promoter group have any interest in the award of the contract. Rajesh Power Services provides consultancy to state transmission and distribution companies, private utilities, and industries. On a full-year basis, the company's consolidated net profit surged 48.19% to Rs 143.20 crore, driven by a 51.85% rise in revenue from operations to Rs 1,627.94 crore in FY26 over FY25. The counter slipped 2.17% to Rs 841 on the BSE. Powered by Capital Market - Live

Rajesh Power Services has received order worth Rs 40.58 cr from Paschim Gujarat Vij Company (PGVCL) for Turnkey based contract for Supply, Installation, Testing and Commissioning of 11 kV Medium Voltage Covered Conductor (MVCC) with its accessories and allied items in 11KV feeder under Jamnagar Circle of PGVCL under System Improvement (SI) Scheme.

The first order, valued at Rs 21.57 crore, has been awarded by Paschim Gujarat Vij Company (PGVCL) for SCADA readiness and rectification of Ring Main Units (RMUs), along with a Comprehensive Maintenance Contract (CMC), across the Bhavnagar, Jamnagar and Rajkot circles of PGVCL. The project is scheduled to be executed within 12 months. The second order, worth Rs 12.80 crore, has been received from Rajasthan Rajya Vidyut Prasaran Nigam (RVPNL) for the modification of the existing 220kV double-circuit Jodhpur'CHB transmission line into a 220kV underground cable system, including monopole installation at Jodhpur. The execution timeline for the project is nine months. The company said both contracts are domestic in nature and do not constitute related-party transactions. It also clarified that neither its promoters nor members of the promoter group have any interest in the award of these contracts. Rajesh Power Services provides consultancy to state transmission and distribution companies, private utilities, and industries. On a full-year basis, the company's consolidated net profit surged 48.19% to Rs 143.20 crore, driven by a 51.85% rise in revenue from operations to Rs 1,627.94 crore in FY26 over FY25. The counter rose 0.02% to Rs 870.40 on the BSE. Powered by Capital Market - Live

Rajesh Power Services has received orders from Paschim Gujarat Vij Company (PGVCL) for the work of SCADA Readiness and Rectification of Ring Main Units (RMUs) with Complete Cover Warranty Maintenance Contract (CMC) under the jurisdictions of Bhavnagar Circle, Jamnagar Circle and Rajkot Circle of PGVCL and also has received order from Rajasthan Rajya Vidyut Prasaran Nigam (RVPNL) for the Work of Modification of existing 220kV D/C Jodhpur-CHB line into 220kV Underground cable system including Monopole at RVPNL, Jodhpur. The aforesaid orders of Rs.34.37 crore (including taxes) have been received in the normal course of business.

Rajesh Power Services has received orders worth Rs 653.12 crore from Paschim Gujarat Vij Company (PGVCL) for conversion of existing 11kV High Tension (HT) Line and Low Tension (LT) Line Network into Under Ground Cable Network with Ring Main System with GIS Mapping and Asset Tagging at Bhavnagar, Anjar, Junagadh and Porbandar Circles of Gujarat.