Happy Square wins Rs 21.0044 crore order for toll plaza management

Happy Square Outsourcing Services has secured a work order valued at Rs 21.0044 crore from the Rajasthan State Road Development & Construction Corporation Limited. The contract involves user fee collection and management services for a toll plaza project in Rajasthan, extending up to June 30, 2027.

Order Details

The agreement pertains to the toll plaza project located at Lordiya, Palli, Kiramsariya, and Rampura for the “Jodhpur–Osian–Phalodi” BOT Road. Happy Square Outsourcing Services will act as the User Fee Collection Agency, responsible for collecting toll and user fees at these designated locations.

The following table summarises the key parameters of the awarded contract:

Parameter:	Details
Client:	Rajasthan State Road Development & Construction Corporation Limited
Order Value:	Rs 21.0044 crore
Project:	Jodhpur–Osian–Phalodi BOT Road
Service Period:	Up to June 30, 2027

Significance of the Contract

The work order is expected to generate revenue of approximately Rs 21.0044 crore over the contract period, strengthening the company's order book. The engagement falls within the ordinary course of business and was awarded by a domestic entity, with no related party interests involved.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+13.54%	+4.01%	-37.06%	-50.06%	-50.22%

Happy Square Outsourcing Services has secured a work order worth Rs 53.21 lakh from M.P. Power Generating Company Limited. The contract entails providing assistance for day-to-day routine operations of the unit and associated auxiliaries at the Sirmour facility. This engagement is expected to generate revenue of approximately Rs 53.21 lakh over the contract period, thereby strengthening the company's order book.

The work order was bagged on June 22, 2026, at 06:15 PM. The services are to be provided for a duration of up to 24 Months. The order has been awarded by a domestic entity and falls within the ordinary course of business. There are no interests held by the promoter, promoter group, or group companies in M.P. Power Generating Company Limited, and the transaction does not qualify as a related party transaction.

The intimation was submitted to the National Stock Exchange of India Ltd pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure references the SEBI Master Circular HO/49/14/14(7)2025 CFD POD2/I/3762/2026 dated January 30, 2026.

Order Details

Detail	Description
Client	M.P. Power Generating Company Limited (Sirmour)
Order Value	Rs 53.21 Lakhs (inclusive of all taxes)
Duration	Up to 24 Months
Nature of Work	Assistance in day to day routine operations of unit and associated auxiliaries
Date of Order	June 22, 2026