SPML Infra named fastest growing construction company at global awards

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • SPML Infra won 'Fastest Growing Construction Company' at Construction World Global Awards 2026
  • Award presented in Mumbai on October 15, 2026, for excellence in project execution
  • Company has completed over 700 infrastructure projects across India
  • Provides clean drinking water to over 50 million people nationwide
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*this image is generated using AI for illustrative purposes only.

SPML Infra has been conferred the "Fastest Growing Construction Company" award in the Prime Segment at the Construction World Global Awards 2026. The recognition was presented during a ceremony in Mumbai on October 15, 2026, highlighting the firm's consistent business growth and excellence in project execution across India.

The award was received by Samir Patel, Chief of Technology & Operations (BESS Division), on behalf of the company. This accolade underscores SPML Infra's role in delivering infrastructure solutions for water, power, energy storage, and urban development sectors. Abhinandan Sethi, Managing Director, stated that the honour reflects the team's dedication and client trust.

Strategic focus on sustainable infrastructure

SPML Infra continues to expand its portfolio through large-scale water supply systems, wastewater management, and irrigation projects. The company also maintains a strong presence in power transmission and distribution networks. Recently, it has emerged as a leader in Battery Energy Storage Systems (BESS), aligning with India's energy transition goals and the national vision of 'Viksit Bharat'.

The company's growth momentum is supported by its diversified expertise and integrated project execution capabilities. SPML Infra emphasizes technology, innovation, and engineering excellence to deliver quality infrastructure that supports economic progress and safeguards essential resources.

Key operational strengths

The following factors contribute to SPML Infra's market position:

  • Over 700 completed infrastructure projects across India.
  • Expertise in water supply, wastewater treatment, sewerage networks, and urban water management.
  • Strong presence in power transmission and distribution, enhancing electricity access.
  • Emerging leadership in BESS and advanced energy infrastructure solutions.
  • Comprehensive engineering, procurement, and construction (EPC) capabilities.
  • Focus on digital transformation and sustainability-driven infrastructure.

What the numbers show

SPML Infra's scale is evidenced by its execution record of over 700 projects. The company has contributed to providing clean drinking water to over 50 million people across urban and rural areas. Additionally, it ranks 14th among the World's Top 50 Private Water Companies according to the Global Water Intelligence survey, highlighting its significant footprint in the water management sector.

Historical Stock Returns for SPML Infra

1 Day5 Days1 Month6 Months1 Year5 Years
-0.17%-2.09%-10.67%-23.39%-34.73%0.0%

How will SPML Infra's emerging leadership in Battery Energy Storage Systems (BESS) impact its future order book composition relative to traditional water and power projects?

What specific capital expenditure plans does SPML Infra have to scale its BESS capabilities to meet India's 2030 renewable energy targets?

How might the company's ranking among global water companies influence its strategy for expanding into international markets beyond India?

SPML Infra passes all AGM resolutions with over 99% shareholder support

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Reviewed by
Naman SScanX News Team
Key Highlights
  • All four AGM resolutions passed with over 99% support from voting shareholders
  • Total votes polled represented 35.92% of the company's outstanding equity shares
  • Special resolution for Rajeev Kumar Jain's re-appointment saw the highest dissent at 0.0066%
  • Promoters voted 77.60% of their holdings, while public shareholders polled ~10.4%
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SPML Infra passed all four resolutions at its 45th Annual General Meeting held on September 25, 2026, with overwhelming shareholder approval. The company submitted the final e-voting results to stock exchanges, confirming that every agenda item received more than 99% of votes in favor.

The meeting was conducted via Video Conference, presided over by Chairman Subhash Chand Sethi. Remote e-voting was open from September 22 to September 24, 2026. Tumul Maheshwari, Practicing Company Secretary, served as the Scrutinizer. The results were disseminated to NSE and BSE on September 25, 2026.

Voting participation and turnout

As of the cut-off date on September 18, 2026, there were 26,258 equity shareholders holding 8,48,43,922 shares. A total of 214 shareholders participated in the voting process. Promoters and promoter group members voted 77.60% of their holding, while public shareholders (institutions and non-institutions) polled approximately 10.44% of their combined shares.

Participant Category Shares Held Votes Polled % of Shares Polled
Promoter and Promoter Group 34,375,790 26,676,604 77.60%
Public - Institutions 12,821,455 67,727 0.53%
Public - Non-Institutions 37,646,677 3,732,961 9.92%
Total 84,843,922 30,477,292 35.92%

Resolution-wise voting outcomes

All resolutions were passed with requisite majority. The data shows minimal dissent across all items, with opposition votes consistently below 0.01% of total votes polled.

Ordinary resolutions

Item 1: Adoption of FY26 Financial Statements Shareholders approved the audited standalone and consolidated financial statements for the year ended March 31, 2026, along with Board and Auditor reports. 99.9983% of votes were in favor.

Item 2: Re-appointment of Manoj Kumar Digga Manoj Kumar Digga was re-appointed as Director upon retirement by rotation. The resolution secured 99.9982% support.

Item 3: Ratification of Cost Auditor Remuneration The remuneration for the Cost Auditor for FY27 was ratified with 99.9982% of votes in favor.

Special resolution

Item 4: Re-appointment of Rajeev Kumar Jain Rajeev Kumar Jain was re-appointed as Independent Director for a second term of five years. This special resolution received 99.9934% support, with 2,019 votes against, primarily from non-institutional public shareholders.

Item No. Resolution Description Votes In Favour (%) Votes Against (%)
1 Adoption of FY26 Financial Statements 99.9983 0.0017
2 Re-appointment of Manoj Kumar Digga 99.9982 0.0018
3 Ratification of Cost Auditor Remuneration 99.9982 0.0018
4 Re-appointment of Rajeev Kumar Jain 99.9934 0.0066

Compliance and procedural details

The e-voting facility was provided by National Securities Depository Limited (NSDL). Notices were sent to 25,149 shareholders via email on September 2, 2026. The scrutinizer’s report confirmed no invalid or abstained votes. The meeting concluded at 11:50 am.

Historical Stock Returns for SPML Infra

1 Day5 Days1 Month6 Months1 Year5 Years
-0.17%-2.09%-10.67%-23.39%-34.73%0.0%

How will SPML Infra's FY27 capital expenditure plans, implied by the approved financials, impact its order book visibility in the upcoming quarters?

Given the low institutional voting participation of 0.53%, what steps is the company taking to attract greater institutional investor interest and improve governance transparency?

What specific strategic initiatives has Independent Director Rajeev Kumar Jain outlined for his new five-year term to drive long-term shareholder value?

More News on SPML Infra

1 Year Returns:-34.73%