Mahindra epc irrigation Limited has re-submitted its regulatory intimation regarding a substantial contract worth approximately Rs. 17.95 crores for supplying micro irrigation systems under a community micro irrigation project. The company initially disclosed this contract award on 16th March 2026 and re-submitted the intimation on 20th March 2026 due to a technical issue where the company letterhead was not clearly visible in the original document.

Re-submission Details and Regulatory Compliance

The re-submission was made to both the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Company Secretary and Compliance Officer Ratnakar Nawghare confirmed that there is no change in the contents of the earlier submitted document, with the re-submission solely addressing the letterhead visibility issue.

Contract Specifications and Project Scope

The contract involves the supply of pressurized micro irrigation systems covering an extensive area of 3591 hectares. The project was awarded by the Office of the Assistant Engineer, Water User Association, representing a domestic entity engagement.

Regulatory Framework and Transparency

The contract disclosure complies with SEBI regulations, specifically Regulation 30 of the Listing Obligations and Disclosure Requirements, and follows SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company has confirmed that there are no promoter or promoter group interests in the awarding entity and no related party transaction implications.

Strategic Business Impact

This contract reinforces Mahindra EPC Irrigation Limited's position in the micro irrigation sector, particularly in community-based agricultural infrastructure projects. The substantial contract value represents a significant business development for the company's irrigation systems division, with project details made available on the company's official website at mahindrairrigation.com to ensure transparency and stakeholder access.

Mahindra EPC Irrigation Limited has announced the award of a significant contract worth ₹2.22 crores for supplying micro irrigation systems under a community micro irrigation project. Mahindra EPC Irrigation received the order on 12th March 2026 at around 3.35 p.m., marking a notable business development for the company.

Contract Details

The contract has been awarded by the Office of the Superintending Engineer, Micro Irrigation Project, for the supply of micro irrigation systems. This domestic contract falls under the company's core business operations in the irrigation sector.

Regulatory Compliance

The company has disclosed this contract award in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the requirements under Clause 08 of Para B of Part A of Schedule III of the SEBI regulations.

Key compliance aspects include:

• The contract is awarded to a domestic entity
• No promoter or group company interest in the awarding entity
• The transaction does not fall within related party transactions
• Full disclosure of commercial considerations and timeline

Business Implications

The contract represents approximately ₹2.22 crores in revenue potential for Mahindra EPC Irrigation Limited, excluding taxes. The project involves supplying micro irrigation systems, which aligns with the company's specialization in irrigation solutions and water management technologies.

The timeline of six months to twelve months from the date of handover of site provides a clear execution framework for the project. This contract award demonstrates the company's continued presence in the government and institutional irrigation projects sector, particularly in community-focused micro irrigation initiatives.