We hereby inform the Exchange that pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015- SEPC Secures entry into massive Rs. 3,300 Crore Mining Consortium Project- Detailed letter is enclosed.
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Awaiting price reaction for this filing.
SEPC Limited has informed the stock exchanges about securing entry into a large mining consortium project valued at Rs. 3,300 Crore. The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, which mandates reporting of material business developments. The project is being executed through a consortium, meaning SEPC is likely partnering with other firms to jointly undertake the mining work rather than executing it solo. The size of the project is significant relative to SEPC's typical annual revenue base. The detailed letter has been enclosed with the filing for further reference.
This is a material order win that could substantially strengthen SEPC's order book and provide multi-year revenue visibility. The announcement is likely to be viewed positively by the market, potentially driving short-term stock sentiment, though actual impact will depend on SEPC's share of the consortium and execution timeline.