Maruti Global Industries has secured a sub-contract work order valued at approximately ₹5.9 crore from MSN Laboratories Private Limited. The agreement, received on July 25, 2026, covers the execution of structural works, retaining walls, fabrication, and other related construction activities. This domestic contract is part of the company’s regular business operations and is expected to support its ongoing revenue generation efforts.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto. The company confirmed that the order does not involve any related party transactions, nor do the promoters or group companies hold any interest in MSN Laboratories Private Limited. The work is to be executed as per the terms specified in the work order.

Contract Details

The scope of work includes comprehensive civil construction tasks such as earthwork, concrete work, masonry, plastering, flooring, and waterproofing treatments. The contract specifies detailed rate schedules effective from April 20, 2026, covering various items including excavation, reinforcement, formwork, and finishing works. Rates are differentiated based on material types, such as river sand versus robo sand, and depth or height specifications for structural elements.

Key Execution Terms

The work order outlines specific conditions for execution, including a penalty clause of up to 5% for abnormal delays attributable to the contractor. Taxes are applicable extra at the time of billing. The contractor is required to maintain separate measurement books for each building or structure, updated weekly, with measurements certified by the consultant. Any deviation from issued drawings requires written approval from the consultant, and non-compliant work must be dismantled and redone at the contractor’s cost.

Material rates for specific items, such as river sand, are benchmarked at ₹2,400 per ton, with provisions for adjustment in case of abnormal price increases. The contractor must bear storage charges for materials sourced outside the site. Lump-sum items and new items not covered in the schedule require prior approval from designated officials, Mr. Sairam Reddy and Mr. Tadi Srinivas Reddy, along with the Supply Chain Management team.

What the Numbers Show

The ₹5.9 crore order represents a significant domestic contract for Maruti Global Industries, reinforcing its position in the construction sector. The detailed rate schedule, effective from April 20, 2026, indicates a structured approach to cost management, with clear distinctions between material types and labor-intensive tasks. For instance, reinforced cement concrete (RCC) work using ready-mix concrete (RMC) by pumping is priced at ₹800 per cubic meter, while manual lifting increases the rate to ₹1,300 per cubic meter. This granularity suggests a focus on precise cost control and efficient resource allocation during project execution.

Rama Swamy Reddy Pedinekaluva, a promoter of Maruti Global Industries Limited , increased his shareholding to 59.6436% through a series of open market acquisitions. The transactions involved the purchase of 2,076 equity shares executed between June 18 and June 24, 2026. Prior to these acquisitions, the acquirer held 59.6021% of the total paid-up equity share capital.

The disclosures were submitted to BSE Limited on June 20 and June 24, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filings detailed the specific changes in the acquirer's voting rights and total shareholding post-transaction. The total equity share capital of the company remains 50,00,300 equity shares of Rs.10/- each.

Shareholding Details

The following table outlines the cumulative changes in Rama Swamy Reddy Pedinekaluva's shareholding:

The acquirer confirmed that the shares were purchased on the open market, and the total diluted share capital of the target company remains unchanged at 50,00,300 equity shares. The updated shareholding reflects the acquirer's increased stake in Maruti Global Industries Limited (formerly known as Maruti Securities Limited).