Mahindra EPC Irrigation Limited has informed the Exchange about award received in terms of Regulations 30(3), 30(4) read with Para B, Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements), 2015, for supply of Micro Irrigation Systems under community micro irrigation project.
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Mahindra EPC Irrigation Limited has received a contract worth approximately Rs. 17.95 Crores for the supply of pressurized Micro Irrigation Systems covering 3,591 hectares. The order has been awarded by the Office of the Assistant Engineer, Water User Association, indicating it is a government-related project. The contract is domestic in nature and is to be executed over a period of 12 months. The order was received on 16th March 2026 and there is no related party or promoter interest involved in the awarding entity.
This is a positive development for the company as it adds a new government-backed order to its order book, providing revenue visibility for the next 12 months. For a small-cap irrigation company, a Rs. 17.95 Crore order is a meaningful addition and signals continued demand in the micro irrigation segment, which could support the stock sentiment in the short term.