Tenth significant Work Order of 266000 SQMT Micro Surfacing Work on Hybrid Mode for M/s. Shree Palsiddha Construction Pvt. Ltd.
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Sanmit Infra Ltd has secured its tenth significant work order, valued at Rs. 3,60,96,200 (including 18% GST), from M/s. Shree Palsiddha Construction Pvt. Ltd. The work covers 266,000 square meters of micro surfacing on the AM-164 Improvement Project (Mhaisang to Aasara stretch, Akola district) under the MRIP scheme on a hybrid mode basis. The project runs from April 1, 2026 to May 31, 2026, giving a tight two-month execution window. Sanmit's scope includes all materials (aggregate, emulsion, cement), machinery, manpower, fuel, and supervision, while the client handles land, traffic, and pot-hole filling. A 12-month defect liability period applies, with a Rs. 10 lakh mobilization advance and 15-day payment terms post RA bill submission.
This is a modest new order that adds to the company's order book, with quick revenue recognition possible given the short two-month timeline. The counterparty is a private domestic entity (not a direct government client), and the order size is relatively small, so the near-term stock impact is likely limited.