JITF Infralogistics Limited has announced the incorporation of a new step-down subsidiary focused on smart water infrastructure operations in Chennai. The company informed stock exchanges on 17th March 2026 about the establishment of Chennai Smart Water Meters Private Limited through its material subsidiary JWIL Infra Limited.

Corporate Structure and Capital Details

The newly incorporated entity was established on 16th March 2026 as a wholly owned subsidiary of JWIL Infra Limited. The company has been set up with specific capital parameters to support its operational requirements.

Business Operations and Scope

Chennai Smart Water Meters Private Limited has been incorporated specifically for comprehensive smart water meter operations in Chennai City. The subsidiary's mandate encompasses multiple aspects of water infrastructure management under a structured operational model.

The company's primary business activities include:

• Procurement of smart water meters and associated systems
• Testing and quality assurance of water metering equipment
• Installation and commissioning of 1.00 lakh smart water meters
• Operation and maintenance services
• Communication and billing system management

Project Framework

The subsidiary will operate under a Hybrid Annual Model for the deployment and management of smart water meters in Chennai City. This comprehensive approach covers the entire lifecycle of water meter operations, from initial procurement through ongoing maintenance and billing services.

Regulatory Compliance

The incorporation has been disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

As the entity has yet to commence business operations, it currently reports nil turnover. The subsidiary represents JITF Infralogistics' strategic expansion into smart water infrastructure solutions through its existing subsidiary structure.

JITF Infralogistics Limited has announced the incorporation of a new step-down subsidiary through its material subsidiary JWIL Infra Limited. The company informed stock exchanges about this strategic development through a regulatory filing dated March 11, 2026.

Joint Venture Formation

JWIL Infra Limited has incorporated CWS Private Limited on March 10, 2026, in consortium with two other infrastructure companies. The partnership structure demonstrates a collaborative approach to executing water infrastructure projects in Chennai.

Company Structure and Capitalization

CWS Private Limited has been established with a focused capital structure to support its water infrastructure operations. The company's financial framework reflects its project-specific nature and operational requirements.

Project Scope and Objectives

The newly incorporated entity has been established with a specific mandate to execute water supply infrastructure projects in Chennai. CWS Private Limited will focus on implementing continuous water supply systems in designated areas of Chennai City.

Key Project Details:

• Implementation of Continuous water supply of Pallipatu WDS
• Implementation of Continuous water supply of Thiruvanmiyur WDS
• Coverage area: Area XIII of Chennai City
• Project nature: Water Distribution Systems (WDS)

Regulatory Compliance

The incorporation has been disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The filing indicates that standard acquisition-related parameters such as governmental approvals, consideration details, and acquisition costs are not applicable in this case, as this represents a new incorporation rather than an acquisition of an existing entity.