Om Infra Emerges as L1 Bidder for ₹482.27 Crore Rajasthan Irrigation Project, Awaits LOI

Om Infra Limited has emerged as the lowest bidder (L1) for a water resource project valued at ₹482.27 crore in Rajasthan. The project, awarded by the Water Resource Department (WRD), involves the construction of a dam and the development of a pressurized irrigation network under the Andheri Medium Irrigation Project in Baran District. This development underscores the company's capabilities in executing complex civil engineering and micro-irrigation systems.

Project Details

The scope of work encompasses survey, design, construction, operation, and maintenance of the dam and a piped network canal system. The project is located in Chhabra Tehsil, Baran District, and will be executed on an EPC turnkey basis. The implementation aims to introduce efficient water management through pressurized distribution, solar power, and SCADA automation.

Key Bid Information

Detail:	Description
Project Value:	₹482.27 Crores
Awarding Authority:	Water Resource Department (WRD), Rajasthan
Project Location:	Tehsil: Chhabra, District: Baran, Rajasthan
Status:	L1 Bidder (LOI subject to internal processes)

The official Letter of Intent (LOI) is pending the completion of WRD's internal processes and procedures. Management expressed optimism regarding the project, highlighting its potential to bring sustainable water management to nearly 10,000 hectares of farmland in Rajasthan.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.20%	+0.43%	-4.18%	+15.17%	-30.64%	+157.31%

Om Infra Limited has appointed M/s. Khandelwal Badaya & Co. as its statutory auditor to fill a casual vacancy, ensuring continuity in financial oversight following the resignation of the previous auditor. The Board of Directors approved the appointment based on the recommendation of the Audit Committee at its meeting held on June 13, 2026. The new auditor will hold office until the conclusion of the ensuing Annual General Meeting, subject to ratification by shareholders within the prescribed statutory timelines.

The casual vacancy arose due to the resignation of M/s Ravi Sharma & Co., Chartered Accountants. M/s. Khandelwal Badaya & Co., a firm of Chartered Accountants with Firm Registration Number 016506C, steps in to fill this role. The firm holds a valid Peer Review Certificate valid up to April 30, 2027, and brings extensive experience in statutory audits, taxation, and corporate laws across various industry segments.

Disclosures under SEBI (LODR) Regulations, 2015

The company provided the following details regarding the change in statutory auditors as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sr. No.	Particulars	Details
1.	Reason for change	Appointment to fill a casual vacancy caused by the resignation of M/s Ravi Sharma & Co., Chartered Accountants.
2.	Date of appointment & term	Date: June 13, 2026 Term: From June 13, 2026, until the conclusion of the ensuing Annual General Meeting (AGM) of the Company, subject to shareholders' approval.
3.	Brief Profile	M/s. Khandelwal Badaya & Co. is a prominent, peer-reviewed firm of Chartered Accountants with an established track record. The firm holds a valid Peer Review Certificate valid up to April 30, 2027. They possess extensive experience in statutory audits, taxation, and corporate laws across various industry segments, well-aligning with the Company's ongoing operational and strategic expansion.
4.	Disclosure of relationships between directors	Not Applicable