Likhitha Infrastructure wins Rs 121.04 crore order from Oil India

Likhitha Infrastructure Limited has secured a significant order worth ₹121.04 crore from Oil India Limited for coating refurbishment and associated works. The contract, dated May 28, 2026, pertains to the Pipeline Rehabilitation Project Phase-II-Spread 1 and Spread 2 in Assam. This development strengthens the company's order book in the infrastructure sector.

The project is classified as a domestic order and is expected to be executed over a period of three years. The total contract value includes Goods and Services Tax (GST) and is divided into two specific spreads. The first spread is valued at ₹65.41 crore, while the second spread accounts for ₹55.63 crore.

Order Details

The disclosure was made to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order is not a related party transaction and was conducted at arm's length. Furthermore, none of the promoters, promoter group, or group companies hold any interest in the entity awarding the contract.

Particulars	Details
Client	Oil India Limited
Project	Coating Refurbishment and Associated Works for Pipeline Rehabilitation Project
Location	Assam (Phase-II-Spread 1 and Spread 2)
Duration	3 Years
Total Value	₹121.04 Crores (Incl. GST)
Spread 1 Value	₹65.41 Crores (Incl. GST)
Spread 2 Value	₹55.63 Crores (Incl. GST)

The company stated that the order is a domestic engagement and does not involve any interest from the promoter group. This information was submitted by Pallavi Yerragonda, Company Secretary & Compliance Officer.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.86%	+6.58%	+18.18%	+31.12%	-19.08%	+11.68%

Likhitha Infrastructure Limited has secured a significant contract worth ₹72.15 Crores (Excl. GST) from Hindustan Petroleum Corporation Limited (HPCL), as disclosed on May 06, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order marks a notable addition to the company's project portfolio in the pipeline infrastructure segment. The company's market capitalisation currently stands at ₹900 Crore.

Order Details

The contract involves the laying of a cross-country pipeline along with associated facilities, categorised under Pipeline Laying Works-SCH B. The order has been awarded by a domestic entity and is not classified as a related party transaction. The key parameters of the order are summarised below:

Parameter:	Details
Awarding Entity:	Hindustan Petroleum Corporation Limited
Order Value:	₹72.15 Crores (Excl. GST)
Nature of Work:	Laying of Cross-Country Pipeline along with associated facilities
Contract Type:	Pipeline Laying Works-SCH B
Entity Type:	Domestic
Execution Period:	12 months
Related Party Transaction:	No
Promoter Interest in Awarding Entity:	None

Regulatory Disclosure

The intimation was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The disclosure confirms that none of the promoters, promoter group, or group companies hold any interest in Hindustan Petroleum Corporation Limited, and the transaction is conducted at arm's length as it does not constitute a related party transaction.

The disclosure was signed by Pallavi Yerragonda, Company Secretary & Compliance Officer (M. No. A70447), on behalf of Likhitha Infrastructure Limited.