ENCLSOED HEREWITH DISCLSORE UNDER REG 30 OF SEBI (LODR) 2015
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. 4.25 crore (including 18% GST) from D.G. Belhekar Infra Private Limited for Micro Surfacing work on the Pune PN-35 project. The scope covers providing and laying Micro Surfacing course (6 to 8mm thickness) over 3,00,000 square metres at Rs. 120 per sqm. The project starts on 10 June 2025 and has a completion period of 2 months. Payment terms include RA bills every 10 days, payable within 7 working days, with a 12-month defect liability period and 5% retention money. The order is a domestic contract and is not a related party transaction.
This is a modest new order that adds to Sanmit Infra's order book and provides near-term revenue visibility over the next 2 months, though its size is relatively small and execution risk on government-style road projects should be monitored.