Shashijit Infraprojects wins ₹3.06 crore order

1 min read     Updated on 14 May 2026, 04:47 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Shashijit Infraprojects Limited secured a ₹3.06 crore order from Fortune Dreamcon Private Limited for constructing row houses. The domestic project is to be completed within 12-15 months and involves no related party transactions.

powered bylight_fuzz_icon
40303059

*this image is generated using AI for illustrative purposes only.

Shashijit Infraprojects Limited has received a Letter of Intent (LOI) from Fortune Dreamcon Private Limited for the civil construction work of row houses. The order, valued at ₹3.06 crores, was awarded on May 14, 2026. The company will execute the project as per the defined scope of work outlined in the agreement.

Order Details

The contract is a domestic order awarded by a domestic entity. The execution period for the project is set between 12 to 15 months from the commencement date. The consideration amount is ₹3.06 crores, with taxes extra.

Particulars Details
Name of Client Fortune Dreamcon Private Limited
Nature of Order Civil construction work of Row Houses
Order Value ₹3.06 crores (Taxes Extra)
Execution Period Within 12-15 months
Entity Type Domestic Entity

The company confirmed that the promoter, promoter group, or group companies do not hold any interest in the entity that awarded the order. Furthermore, the transaction does not fall under related party transactions.

Historical Stock Returns for Shashijit Infraprojects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.09%+0.37%+1.12%-39.37%-59.25%-91.71%

How might this ₹3.06 crore order impact Shashijit Infraprojects' overall order book and revenue visibility for FY2027?

Could this LOI from Fortune Dreamcon signal a broader pipeline of residential construction projects for Shashijit Infraprojects in the row house segment?

What are the potential risks of cost overruns or timeline delays given the 12-15 month execution window, and how might they affect the company's margins?

Shashijit Infraprojects
View Company Insights
View All News
like15
dislike

Shashijit Infraprojects Receives Letter of Intent from Mehul Roadways for Industrial Shed Construction Worth ₹4.00-4.50 Crores

1 min read     Updated on 14 May 2026, 04:42 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Shashijit Infraprojects Limited received a Letter of Intent from Mehul Roadways on 14th May, 2026 for civil construction work of an Industrial Shed Building. The domestic contract is valued at ₹4.00-4.50 crores (taxes extra) and is to be completed within 12-15 months. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015, with no related-party or promoter interest involved.

powered bylight_fuzz_icon
40302704

*this image is generated using AI for illustrative purposes only.

Shashijit Infraprojects Limited announced on 14th May, 2026 that it has received a Letter of Intent (LOI) from Mehul Roadways for the civil construction work of an Industrial Shed Building. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Order Details

The contract is a domestic engagement, with Shashijit Infraprojects Limited tasked to execute the project as per the defined scope of work. The broad consideration for the order ranges between ₹4.00-4.50 crores, with taxes applicable over and above this amount. The following table summarises the key parameters of the order as disclosed:

Parameter: Details
Awarding Entity: Mehul Roadways
Nature of Work: Civil construction work of Industrial Shed Building
Order Value: ₹4.00-4.50 crores (Taxes Extra)
Domestic/International: Domestic
Execution Timeline: Within 12-15 months
Related Party Transaction: No
Promoter/Group Interest: No

Compliance and Disclosure

The intimation was submitted to BSE Limited by Neha Mewara, Company Secretary and Compliance Officer of Shashijit Infraprojects Limited, on 14th May, 2026. The company confirmed that neither the promoter, promoter group, nor group companies hold any interest in Mehul Roadways, and the contract does not constitute a related party transaction. The order is to be executed within a defined timeline of 12-15 months from the date of the LOI.

Historical Stock Returns for Shashijit Infraprojects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.09%+0.37%+1.12%-39.37%-59.25%-91.71%

How will this ₹4.00-4.50 crore order impact Shashijit Infraprojects' overall order book and revenue visibility for FY2027?

Could this engagement with Mehul Roadways signal a strategic expansion by Shashijit Infraprojects into the industrial infrastructure segment beyond its traditional project portfolio?

What is the likelihood of Shashijit Infraprojects securing additional orders from Mehul Roadways or similar clients in the industrial shed construction space following successful execution of this project?

Shashijit Infraprojects
View Company Insights
View All News
like15
dislike

More News on Shashijit Infraprojects

1 Year Returns:-59.25%