Company has received a work order from Oil and Natural Gas Corporation Limited, Delhi amounting to Rs. 44.66 Crore (inclusive of taxes)

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Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹69.00

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+1.9%-0.4% vs market

Other Industrial Products peers, median of 24sector+0.1%+1.4% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 1.4 pts more than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Other Industrial Products peers, median of 24Pending

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AI summary

Expo Engineering and Projects Ltd has received a work order from Oil and Natural Gas Corporation Limited (ONGC), a Government of India PSU, dated 08th June 2026. The order is a Rate Contract for Maintenance and Inspection of existing Floating Roof Crude Oil Storage Tanks at CPF Gandhar of Ankleshwar Asset. The total contract value is Rs. 44,66,62,568 (approximately Rs. 44.66 Crore) inclusive of GST @18%. The contract is to be executed over a period of 3 years from the date of the Notice of Award (NOA). The order has been awarded by a domestic entity, and there is no related party interest involved.

Likely market impact

This is a meaningful new contract win from a marquee government client (ONGC), providing revenue visibility for 3 years (~Rs. 14.88 Crore per year). Positive for the company's order book and reinforces its credentials in oil & gas tank maintenance, likely to be viewed favorably by the market.