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

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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































