Indian Hume Pipe Company Limited has secured a significant infrastructure contract from the Government of Telangana, marking a major addition to the company's order book. The work order, valued at ₹458.69 crores, focuses on water supply improvement schemes in Greater Warangal Municipal Corporation under UIDF funding.

Project Specifications and Scope

The contract encompasses comprehensive water supply improvement initiatives in Greater Warangal Municipal Corporation. The project has been structured as a percentage contract with a 24-month execution timeline, providing the company with clear revenue visibility through the completion period.

Official Documentation and Timeline

The company formally announced this development through a communication to stock exchanges. The Letter of Acceptance was received from the Public Health & Municipal Engineering Department, Hyderabad, confirming the contract award. The announcement was signed by Niraj R. Oza, Vice President - Company Secretary & Legal, ensuring proper corporate governance protocols.

Regulatory Compliance and Disclosure

The company announced this development through formal communication to BSE Limited and National Stock Exchange of India Limited, complying with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also adheres to SEBI Circular No.SEBI/HO/CFD/CFD-PoD-1/P/CI-R/2023/123 dated July 13, 2023 and SEBI Master Circular No. SEBI/HO/CFD/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Financial Impact and Strategic Significance

The order value of ₹458.69 crores excludes GST, meaning the total project value will be higher when tax components are factored in. This substantial contract strengthens the company's order book and provides revenue certainty over the next two years. The project represents a domestic contract with no related party transactions or promoter group interests involved.

This major government contract reinforces Indian Hume Pipe Company's established presence in the water infrastructure sector, particularly in government-funded urban development projects across Indian states.

The Indian Hume Pipe Company Limited has received a Letter of Intent with an order value of Rs 417.97 Crores from the Jihe Kathapur Lift Irrigation Division, Maharashtra Krishna Valley Development Corporation (MKVDC), Satara, Maharashtra. The order was awarded under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the disclosure dated 24 April 2026.

The project scope involves the construction of head works and a closed pipe distribution system of the Ner Direct Gravity main, under the Guruvarya late Laxmanraoji Inamdar Lift Irrigation scheme located in Jihe Kathapur, Satara district, Maharashtra. The contract has been classified as a domestic B1 percentage rate contract and is to be executed within a time period of 48 months.

The disclosure confirms that neither the promoter, promoter group, nor group companies have any interest in the entity that awarded the order. Additionally, the order does not fall within related party transactions. The company has submitted the requisite details pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CI-R/2023/123 dated July 13, 2023 and SEBI Master Circular No. SEBI/HO/CFD/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The Indian Hume Pipe Company Limited, headquartered at Construction House, 5, Walchand Hirachand Road, Ballard Estate, Mumbai - 400 001, is listed on both BSE Limited (Scrip Code: 504741) and National Stock Exchange of India Ltd. (Symbol: INDIANHUME). The disclosure was digitally signed by Niraj R. Oza, Vice President - Company Secretary & Legal, on 24 April 2026.