greenleaf envirotech has secured three Letters of Acceptance (LOAs) from the Water Corporation of Odisha (WATCO) aggregating to ₹14.63 crore, excluding applicable GST. The orders, awarded through a competitive bidding process, pertain to the design, drawing, construction, testing, and commissioning of Sewerage Systems, Sewage Treatment Plants (STP), and Effluent Treatment Plants (ETP), including Operation and Maintenance (O&M). The company expects these contracts to strengthen its order book, enhance revenue visibility, and support long-term business growth.

The disclosure was made to the National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the orders are from a domestic entity and that there are no interests held by the promoter, promoter group, or group companies in WATCO. Furthermore, the transactions do not fall within related party transactions.

Order Details

The aggregate contract value of the three work orders is ₹14.63 crore. The individual values are ₹5.05 crore, ₹4.73 crore, and ₹4.85 crore, respectively. The contracts require the submission of an Initial Security Deposit and, where applicable, Additional Performance Security. The agreement must be executed within 15 days from the date of the Letter of Acceptance.

Contractual Obligations

The scope of work includes compliance with the specifications, drawings, Bill of Quantities (BOQ), and other tender documents. The rationale for the orders centers on improving operational performance and profitability. The company has confirmed that the work orders are domestic in nature and were awarded at arm's length.

greenleaf envirotech has scheduled a board meeting for June 30, 2026, to deliberate on raising funds through the issuance of securities. The meeting, to be held at the company's registered office, will explore options including equity shares, convertible or non-convertible instruments, preference shares, and debt instruments. The proposed fund raising may be executed via preferential allotment, Qualified Institutions Placement (QIB), private placement, or other permissible modes, subject to shareholder and regulatory approvals.

In conjunction with the fund raising proposal, the board will consider increasing the authorized share capital of the company. This move necessitates a consequent amendment to the Capital Clause of the Memorandum of Association, which is also subject to shareholder approval. The board will also seek necessary shareholder consent for the fund raising initiatives identified during the meeting.

To ensure compliance with regulatory norms, the company has announced the closure of the trading window for all designated persons and their immediate relatives. The window closed on June 24, 2026, in connection with the board meeting. It will remain shut until 48 hours after the outcome of the meeting is intimated to the stock exchanges.

The regulatory disclosures reference Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI (Prohibition of Insider Trading) Regulations, 2015. The intimation was signed by Kalpesh Gordhanbhai Goti, Chairman & Managing Director of Greenleaf Envirotech Ltd.

Agenda for Board Meeting