We hreby inform that the Company has received an order worth Rs. 121.04 Crores (Incl. GST) from M/s. Oil India Limited on May 28, 2026.
LIKHITHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Likhitha Infrastructure Limited has received a major work order valued at Rs. 121.04 Crores (including GST) from Oil India Limited, a government-owned PSU. The order is for Coating Refurbishment and Associated Works for Pipeline Rehabilitation Project Phase-II across two spreads in Assam. Spread 1 is valued at Rs. 65.41 Crores and Spread 2 at Rs. 55.63 Crores. The project has a timeline of 3 years for execution. The company has confirmed that this order is not a related party transaction and that none of the promoters or group companies have any interest in Oil India Limited.
This is a significant contract win representing substantial work for the company over a 3-year period. Being a government order from a PSU adds credibility and visibility to the company's order book, which could positively impact the stock going forward.