Mahindra EPC Irrigation wins orders worth ₹17.15 Cr for supply of Micro Irrigation Systems

Mahindra EPC Irrigation has secured four contracts worth approximately ₹17.15 crore for the supply of Micro Pressurized Irrigation Systems for community irrigation projects. The orders, received on June 15, 2026, cover an aggregate area of 680 Ha and were awarded by the Office of the Executive Engineer, Electrical and Mechanical Heavy Plant Division. Each contract carries an execution period of 11 months from the date of site handover.

Contract Overview

The contracts were awarded to a domestic entity and do not involve any interest from the promoter, promoter group, or group companies. It has been confirmed that the transactions do not fall within related party transactions. The intimation was submitted in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The following table outlines the key particulars of the awarded contracts:

Particulars	Details
Awarding Entity	Office of the Executive Engineer, Electrical and Mechanical Heavy Plant Division
Nature of Contract	Supply of Micro Pressurized Irrigation Systems for Community Projects
Number of Contracts	Four
Total Order Value	Approx. ₹17.15 Crores (including GST)
Aggregate Coverage	680 Ha
Execution Period	11 months from the date of site handover
Entity Type	Domestic
Promoter/Group Interest	No
Related Party Transaction	No

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.57%	+8.15%	-0.41%	-8.81%	-18.19%	-27.95%

Mahindra EPC Irrigation Limited shareholders approved all 11 resolutions proposed during its 44th Annual General Meeting (AGM) held on May 29, 2026, via video conferencing. The meeting sanctioned the adoption of standalone and consolidated audited financial statements for the financial year ended March 31, 2026. Key governance decisions included the re-appointment of Messrs B S R & Co. LLP as Statutory Auditors for a five-year term and the re-appointment of Mr. Ramesh Ramachandran as Managing Director for three years effective from September 1, 2026. The company also approved the appointment of two Independent Directors, Mr. Balram Singh Yadav and Dr. Purvi Mehta Bhatt, for five-year terms.

The remote e-voting process, conducted by KFin Technologies Limited from May 26 to May 28, 2026, saw participation from 56 members. The Scrutinizer, Sujata R. Rajebahadur, confirmed that all resolutions were passed with the requisite majority. For resolutions concerning related party transactions with Mahindra & Mahindra Limited, the related parties did not participate in the voting process. The statutory registers and relevant documents were made available for electronic inspection.

Voting Summary

Sr. No.	Particulars	Votes For	% of Votes For
1	Adoption of Standalone Financial Statements	1,56,23,005	100%
2	Adoption of Consolidated Financial Statements	1,56,23,005	100%
3	Retirement of Mr. Shriprakash Shukla	1,56,23,005	100%
4	Re-Appointment of Statutory Auditors	1,56,23,005	100%
5	Re-Appointment of Managing Director	1,56,23,005	100%
6	Ratification of Cost Auditors Remuneration	1,56,23,005	100%
7	Appointment of Mr. Balram Singh Yadav	1,56,23,005	100%
8	Appointment of Dr. Purvi Mehta Bhatt	1,56,23,005	100%
9	Payment of Commission to Directors	1,56,23,005	100%
10	Ratification of Related Party Transactions FY 2025-26	4,78,572	100%
11	Approval of Related Party Transactions FY 2026-27	4,78,572	100%

Key Appointments

The AGM approved the re-appointment of Mr. Ramesh Ramachandran as Managing Director for a period of three years, effective from September 1, 2026, to August 31, 2029. Additionally, Mr. Balram Singh Yadav and Dr. Purvi Mehta Bhatt were appointed as Independent Directors for five-year terms, effective from April 21, 2026, to April 20, 2031. Shareholders also ratified the remuneration for Cost Auditors for the financial year 2026-27 and approved the payment of commission to Independent Directors and Non-Executive Directors for the period from FY 2025-26 to FY 2027-28.