Expo Engineering & Projects Limited has secured a major work order from Indian Oil Corporation Limited worth ₹7,25,13,547.62, as announced on March 27, 2026. The contract represents a significant business development for the Mumbai-based engineering company in its ongoing operations with India's leading oil corporation.

Order Details and Scope

The work order involves the conversion of 5 EFRVT (MS) tanks into Aluminium Geodesic Dome Roof Tanks at the Durgapur Terminal under West Bengal State Office. This technical project demonstrates the company's capabilities in specialized tank conversion and infrastructure development for the petroleum sector.

Financial and Commercial Terms

The total contract value of ₹7,25,13,547.62 includes 18% GST and represents the broad consideration for the entire project scope. The order has been awarded by a domestic entity, with Indian Oil Corporation Limited's Eastern Region Office located at Indian Oil Bhavan, Gariahat Road, Kolkata, serving as the contracting authority.

Project Timeline and Execution

The contract stipulates completion by December 26, 2026, providing the company with a clear timeline for project execution. The formal agreement terms and conditions are governed by the purchase order issued by Indian Oil Corporation Limited for the Durgapur Site operations.

Regulatory Compliance and Disclosure

Expo Engineering and Projects Limited has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this order falls within the normal course of business operations and does not involve any related party transactions or promoter group interests.

Company Background

Formerly known as Expo Gas Containers Limited, the company operates from its headquarters at Expo House, Mumbai, and maintains ISO 9001, ISO 14001, and OHSAS 18001 certifications along with IBR and PESO approvals, reflecting its technical capabilities in engineering and project execution.

Expo Engineering & Projects Limited has announced the receipt of a significant work order from Reliance Industries Limited's Jamnagar site, valued at Rs. 12,36,412/- inclusive of taxes. The company disclosed this development on March 24, 2026, in compliance with SEBI Listing Regulations.

Order Details and Specifications

The work order pertains to the supply of specialized industrial components for Reliance Industries Limited's operations. The contract specifications are outlined in the following table:

Regulatory Compliance and Disclosure

Expo Engineering and Projects Limited has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made in accordance with SEBI Circular No SEBI/HO/CFD-poD1/P/CIR/2023/123 dated July 13, 2023.

The company confirmed that this order was received in the normal course of business operations. The disclosure also clarifies that no promoter, promoter group, or group companies have any interest in the entity that awarded the contract.

Transaction Characteristics

Key aspects of the business transaction include:

• Contract Nature: Supply of industrial fabricated fittings
• Project Location: RIL Jamnagar facility
• Related Party Status: Not applicable - no related party transactions involved
• Execution Timeline: Delivery scheduled within approximately one month

Company Background

Expo Engineering and Projects Limited, formerly known as Expo Gas Containers Limited, operates from its headquarters at Expo House, Mumbai. The company holds certifications including ISO 9001, ISO 14001, and OHSAS 18001, along with IBR and PESO approvals, demonstrating its commitment to quality and safety standards in industrial operations.

The announcement was signed by Hasanain S. Mewawala, Managing Director (DIN: 00125472), confirming the authenticity of the disclosure and the company's commitment to transparent communication with stakeholders.