Pursuant to Regulation 30 of SEBI (LODR) Company has received an additional scope of work comprising 20000 square meters of Rut filling under the existing project in the State of Telangana.
Price
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Awaiting price reaction for this filing.
Sanmit Infra Ltd has received an additional scope of work of 20,000 square meters of rut filling under an existing project in Telangana from H.G. Infra Engineering Limited (HGIEL). The total value of this additional work order is approximately Rs. 41.3 lakhs (Rs. 175 per sqm plus 18% GST). The work involves providing and laying micro surfacing course as per MoRTH technical specifications. The contract commenced on April 1, 2025, with a completion timeline of 3 months and a defect liability period of 12 months. Payment terms include no advance, with payments made within 15 days of RA bill certification, along with a 3% performance bank guarantee and 5% retention money.
This is a small additional work order (Rs. 41.3 lakhs) from an existing client, indicating continued trust and incremental business. However, the size is relatively modest and is unlikely to materially impact the stock price or overall financials of the company.