Conart Engineers Secures Approx ₹49 Crore Work Order from Hindalco Industries for Gujarat Project

Conart Engineers Limited has secured a work order from Hindalco Industries Limited for Yellow Soil filling and Compound Wall Work at Savli, Dist. Vadodara, Gujarat. The approximate value of the project is ₹49 Crores (excluding GST), subject to variation depending on any changes in the final layout plan and extra work, if any. The work order was received on 11-May-26 at 15:28, and the disclosure was made to BSE Limited on 12th May, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The key parameters of the work order, as disclosed in the annexure filed with BSE, are summarised below:

Parameter:	Details
Awarding Entity:	M/s. Hindalco Industries Limited
Nature of Work:	Yellow Soil filling and Compound Wall Work at Savli
Project Location:	Savli, Dist. Vadodara, Gujarat, India
Order Value:	Approx ₹49 Cr. (excluding GST)
Entity Type:	Domestic
Terms & Conditions:	As per Standard Construction Industry Practice
Date & Time of Receipt:	11-May-26 at 15.28
Related Party Transaction:	Not Applicable
Promoter Interest in Awarding Entity:	No

Execution Timeline

The project is structured for execution in two phases:

Phase-1: To be completed within 4 months from the date of the PO/LOI
Phase-2: To be completed within 3 months after monsoon

The terms and conditions governing the order are as per Standard Construction Industry Practice. The promoter/promoter group/group companies have no interest in Hindalco Industries Limited, and the transaction does not fall within related party transactions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.34%	+3.76%	+7.41%	-5.49%	+2.96%	+507.56%

Conart Engineers Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 17, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company submitted the compliance certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate was received from MUFG Intime India Private Limited, which serves as the company's Registrar & Share Transfer Agent.

Parameter:	Details
Regulation:	SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Quarter Covered:	March 31, 2026
Submission Date:	April 17, 2026
RTA:	MUFG Intime India Private Limited

Certificate Confirmation Details

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, issued the confirmation certificate on April 3, 2026. The certificate confirms compliance with dematerialisation processes during the specified quarter.

The RTA confirmed that:

Securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly confirmed to depositories
Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
Security certificates received for dematerialisation were confirmed or rejected as appropriate
Security certificates were mutilated and cancelled after due verification by the depository participant
Names of depositories were substituted in the register of members as registered owners within prescribed timelines

Corporate Information

Conart Engineers Limited operates under the tagline "Where Construction Engineering Becomes An Art" with CIN L45200MH1973PLC017072. The company maintains its registered office at 17, Ground Floor, Jay Bharat Society Nr. Solanki Palace, 3rd Road Old Khar, Khar West, Mumbai - 400052, Maharashtra, along with a branch office in Vadodara, Gujarat.

The compliance certificate was signed by Narendra D. Shah, Company Secretary (Mem. No. A7480), and submitted to BSE Limited for record purposes. MUFG Intime India Private Limited's confirmation was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.