Jayant Infratech Limited has secured a significant contract from West Central Railway for the execution of Railway Overhead Electrification (OHE) works, valued at ₹13,31,88,572.19. The project, awarded through a Letter of Acceptance, encompasses the design, supply, erection, testing, and commissioning of OHE in the Itarsi-Jhujharpur section. This includes power supply arrangements, modifications to existing OHE, and associated general services in connection with the Itarsi-Nagpur 3rd line work. The contract is expected to contribute to the company's revenue and operational growth.

The disclosure was made to BSE Limited on July 07, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the decision to disclose these details was voluntary, adhering to the principles of good corporate governance and its Policy on Materiality of Events and Information. The announcement aligns with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Contract Details

The order is a domestic contract awarded by West Central Railway. The scope of work is strictly defined as Railway Overhead Electrification (OHE) Works. The company confirmed that the order does not fall within related party transactions and that promoter or promoter group companies have no interest in the entity awarding the contract.

The project must be executed within a period of nine months from the date of issuance of the Letter of Acceptance, with the completion target set for April, 2027. The total contract value is inclusive of all duties and taxes.

Jayant Infratech Ltd has strengthened its governance framework by appointing Dr. Tavinderpal Singh Arora as a Non-Executive Independent Director for a term of five years effective July 6, 2026. The appointment, subject to shareholder approval, aims to bolster the Board's expertise in strategic decision-making and corporate governance. Additionally, the Board approved the reconstitution of key committees and the appointment of statutory auditors for the upcoming financial years.

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, unanimously approved the appointment of Dr. Tavinderpal Singh Arora (DIN: 09043185). With over 48 years of experience in engineering consultancy and corporate governance, Dr. Arora is expected to enhance the company's oversight in project evaluation and regulatory compliance. He is not related to any Director, Key Managerial Personnel, or Promoters of the company.

Consequent to the new appointment, the Board reconstituted the Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee effective July 6, 2026. Dr. Arora has been inducted as a member of all three committees. The Audit Committee and Stakeholder Relationship Committee will be chaired by Mr. Rahul Chandrakant Pohekar, while the Nomination & Remuneration Committee will also be led by Mr. Pohekar.

In other decisions, the Board approved the re-appointment of M/s. Shrivastava Gupta & Associates, Chartered Accountants, as Internal Auditors for the financial year 2026-27. The firm, based in Bilaspur, brings extensive experience in audit and regulatory compliance. Furthermore, M/s Yash & Associates, Cost Accountants, were appointed as Cost Auditors for the financial years 2025-26 and 2026-27 to ensure adherence to cost record and audit requirements.

Committee Composition

The meeting was held on July 6, 2026, and the disclosures have been made available on the company's website.