HEC Infra Projects' Secretarial Auditor M/s. Nishant Pandya & Associates Resigns with Immediate Effect

HEC Infra Projects Limited has informed the National Stock Exchange of India Limited about the resignation of its Secretarial Auditors, M/s. Nishant Pandya & Associates, Practising Company Secretaries, with immediate effect. The resignation, effective 6th May, 2026, applies from the financial year 2025-26 onwards and was communicated in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III of the Listing Regulations and relevant SEBI Circulars.

Resignation Details

The firm M/s. Nishant Pandya & Associates, bearing Membership No. ACS-51005 and COP No. 22435, submitted its resignation letter dated 6th May, 2026, addressed to the Board of Directors of HEC Infra Projects Limited. In the letter, the firm stated that it is resigning from the position of Secretarial Auditors due to personal reasons and is no longer associated with the company in that capacity for the financial year 2025-26. The firm also confirmed that there are no other material reasons for the resignation and raised no objection to the appointment of any other Secretarial Auditor by the company.

The following disclosure, as required under Regulation 30 of the Listing Regulations, was filed as Annexure 1 along with the intimation:

Parameter:	Details
Name of Auditors:	M/s. Nishant Pandya & Associates, Practising Company Secretaries
Reason for Change:	Resignation as Secretarial Auditors with immediate effect (from FY 2025-26 onwards) due to personal reasons
Date of Cessation:	6th May, 2026
Brief Profile (Appointment):	Not Applicable
Relationship Disclosure (Appointment):	Not Applicable

Regulatory Compliance

The intimation was signed by Khushi Bhatt, Company Secretary of HEC Infra Projects Limited (Membership No. A51011), and submitted to the National Stock Exchange of India Limited. The disclosure fulfils the mandatory reporting requirements under the applicable SEBI listing regulations governing changes in auditors of listed entities.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.60%	-3.46%	+13.52%	-9.80%	+16.26%	+513.45%

HEC Infra Projects has announced a major contract win that is set to significantly boost its revenue profile. The infrastructure company has secured a substantial work order worth ₹100 crore from Dakshin Gujarat Vij Co. Ltd, executed in partnership with Advit Energy Transitions.

Project Details

The contract encompasses a comprehensive turnkey project focused on power infrastructure development. The scope of work involves the installation of 11 KV medium voltage conductors, representing a significant undertaking in the electrical infrastructure sector.

Project Parameter:	Details
Contract Value:	₹100 crore
Client:	Dakshin Gujarat Vij Co. Ltd
Partner:	Advit Energy Transitions
Project Type:	Turnkey Contract
Scope:	11 KV Medium Voltage Conductor Installation
Timeline:	18 months

Financial Impact

The contract represents a substantial revenue opportunity for HEC Infra Projects. The project is expected to add approximately 40% to the company's annual revenue, indicating the significant scale of this undertaking relative to the company's existing business operations.

Financial Metric:	Value
Contract Value:	₹100 crore
Revenue Impact:	~40% of annual revenue
Company Market Cap:	₹110 crore
Project Duration:	18 months

Strategic Significance

This contract win demonstrates HEC Infra Projects' capabilities in executing large-scale power infrastructure projects. The partnership with Advit Energy Transitions for this turnkey contract highlights the company's collaborative approach to delivering comprehensive electrical infrastructure solutions. The 18-month timeline indicates a structured execution plan for the medium voltage conductor installation project.