HEC Infra secures Rs 11.48 cr order from Power Grid

0 min read     Updated on 20 May 2026, 06:00 PM
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HEC Infra Projects Limited received a ₹11.48 crore work order from Power Grid Corporation of India Limited for supply and commissioning works at the Neemrana substation. The project, which is not a related party transaction, must be executed within 15 months.

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HEC Infra Projects Limited has secured a work order worth ₹11.48 crores from Power Grid Corporation of India Limited. The order was intimated to the exchanges under Regulation 30 on May 19, 2026.

The project scope involves supply, erection, testing, and commissioning works. Specifically, the work targets the augmentation of transformation capacity of the 400/220 kV Neemrana (PG) S/s by 1*500 MVA, 400/220 kV ICT (3rd) along with associated bays.

Project Details

The company disclosed that the order is from a domestic entity and does not fall under related party transactions. No promoters or promoter group members hold any interest in the entity awarding the contract.

Parameter Details
Client Power Grid Corporation of India Limited
Order Value ₹11.48 crores
Nature of Work Supply, erection, testing, and commissioning
Execution Period 15 months
Entity Type Domestic

HEC Infra Projects stated that this order will help the company advance to the next level. The firm is planning to bid for similar projects with private and government departments in other states in the future.

Historical Stock Returns for HEC Infra Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-3.04%+6.06%-13.40%-11.01%+2.99%+501.24%

How might HEC Infra Projects' successful execution of this Power Grid contract influence its ability to secure larger-value transmission infrastructure orders in the future?

With India's push to expand renewable energy capacity, how could the augmentation of substations like Neemrana — a key renewable energy zone — drive further demand for similar transformation capacity upgrades?

What is HEC Infra Projects' current order book size, and how significantly does this ₹11.48 crore contract contribute to its revenue visibility over the next 15 months?

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

1 min read     Updated on 07 May 2026, 07:49 AM
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HEC Infra Projects Limited has disclosed the resignation of M/s. Nishant Pandya & Associates, Practising Company Secretaries (Membership No. ACS-51005, COP No. 22435), as its Secretarial Auditors, effective 6th May, 2026, from the financial year 2025-26 onwards. The resignation was attributed solely to personal reasons, with the firm confirming no other material grounds for its departure. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and submitted to the National Stock Exchange of India Limited.

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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.

Historical Stock Returns for HEC Infra Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-3.04%+6.06%-13.40%-11.01%+2.99%+501.24%

How quickly will HEC Infra Projects appoint a replacement Secretarial Auditor, and could any delay impact its compliance timeline for FY 2025-26?

Could the mid-year resignation of the Secretarial Auditor raise concerns among investors about potential governance or compliance issues at HEC Infra Projects?

How might the absence of a Secretarial Auditor affect HEC Infra Projects' ability to meet upcoming regulatory filings and annual report deadlines?

More News on HEC Infra Projects

1 Year Returns:+2.99%