SEPCNSESEPC Limited· ConstructionHighPositive
Announced Wed, 11 Jun, 2025 · 15:37 IST

We hereby inform the exchange of the receipt of Work order from Parmeshi Urja Limited, Kolkata for a consideration of Rs. 650 Crores. Detailed letter is enclosed.

Order Above 5pct RevenueBusiness Updates View source PDFExplain this filing

SEPC · price

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Price reactionminutes from the announcement price · days from the prior close
+3.5%Reaction day
₹13.86
prior close
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announcement price
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Nifty Microcap 250market · in no size index; the smallest one is used-1.5%+5.0% vs market
Civil Construction peers, median of 85sector-2.0%+5.5% vs sector

On the reaction day the stock moved 5.0 pts more than Nifty Microcap 250 and 5.5 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

SEPC Limited has received a Letter of Award from Parmeshi Urja Limited, Kolkata, for an Engineering, Procurement and Construction (EPC) contract covering a 133 MW AC Solar Power Project spread across 26 locations in 4 districts of Maharashtra. The total contract value is Rs. 650 Crores, and the LOA was received on the evening of June 10, 2025. The project is entirely domestic, with execution timelines to be mutually decided at kick-off meetings for each location. The company confirmed there is no related-party interest — neither the promoter group nor any group company has any stake in Parmeshi Urja Limited. This is a sizable win for SEPC's solar EPC business and materially adds to its order book.

Likely market impact

This Rs. 650 Crore order is a meaningful addition to SEPC's order book and provides strong revenue visibility over the project's execution period. For retail investors, this signals strengthening demand in the company's solar EPC capabilities and is likely to be viewed positively by the market.