SEPC Limited secured a ₹269.69 crore subcontract from Vishnu Prakash R Punglia Ltd for the Ajmer-Chanderiya railway doubling project under North Western Railway's Ajmer Division. The 24-month EPC order boosts SEPC's rail portfolio amid India's infra push.
Order Announcement
SEPC Ltd (NSE: SEPC, BSE: 532945) disclosed the purchase order today under SEBI Regulation 30, for railway infrastructure works linked to the key Ajmer-Chanderiya doubling initiative. This enhances connectivity in Rajasthan, supporting faster freight and passenger services.
Key Highlights
Order Value: ₹269.69 crore (₹269,68,59,518 precisely).
Client & Scope: Subcontract from Vishnu Prakash R Punglia Ltd; covers Ajmer Division, North Western Railway doubling project.
Timeline: 24 months from LOA issuance (or extensions).
Details: Domestic entity; no promoter/promoter group interest or related party transactions.
Strategic Fit: Bolsters SEPC's EPC expertise in rail infra, aligning with national doubling targets.
Sources: SEPC Ltd BSE/NSE Filing