JITF Infralogistics Limited has informed the Exchange about General Updates
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JITF Infralogistics' material subsidiary JWIL Infra Limited has incorporated a new step-down subsidiary called CWS Private Limited on March 10, 2026. The new entity was formed in consortium with SPML Infra Limited (26% equity) and Vishnusurya Projects & Infra Limited (10% equity), with JWIL Infra holding the majority 64% stake. CWS Private Limited has been set up specifically to execute a contract for the implementation of continuous water supply for the Pallipatu WDS and Thiruvanmiyur WDS under Area XIII of Chennai City. The new company has an authorized capital of ₹10 lakh (100,000 shares of ₹10 each) and paid-up capital of ₹5 lakh, and is yet to commence business operations with nil turnover. The transaction is not a related-party transaction and falls under the water infrastructure sector.
This move expands JITF Infralogistics' presence in the urban water infrastructure segment through a consortium-based approach, which reduces standalone execution risk for the Chennai contract. While there is no immediate financial impact as operations haven't started, securing this municipal water supply contract could provide a steady revenue stream and strengthen the company's order book in the water infrastructure vertical.