Enclosed herewith Disclosure under Reg 30 of SEBI (LODR) 2015 relating to Work Order received from Porbandar Jetpur Tollways Pvt Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sanmit Infra Ltd has secured a work order worth Rs. 1,43,95,558 (including 18% GST), roughly Rs. 1.44 crore, from Porbandar Jetpur Tollways Pvt Ltd. The work involves providing and laying glass fibre based micro surfacing (Type-III) on the Porbandar-Jetpur section of National Highway 27 in Gujarat, covering 97,597 square metres. The execution period runs from 15 February 2026 to 15 April 2026, about two months. Payment terms include 90% against fortnightly running bills, 5% after work completion, and 5% released after a 36-month defect liability period, with 10% retention money withheld. The order is from a domestic private entity and is not a related party transaction; promoters have no interest in the awarding company.
This is a modest-sized contract (about Rs. 1.44 crore) that adds to the company's order book from a private tollway operator for a short two-month road surfacing project. Positive for near-term revenue visibility but not a transformative order in size; investors should track execution and whether larger follow-on orders materialise.