SRM Contractors has secured three new domestic orders with a total value of ₹500.99 crore, strengthening its order book across multiple infrastructure sectors. The contracts have been awarded by Maharashtra State Infrastructure Corporation Limited (MSIDC), Ministry of Road Transport & Highways (MoRT&H), and NF RLY Construction. The company's market capitalisation stands at ₹1200 crore at the time of this announcement.

Order Breakdown

The following table summarises the key details of the three new contracts:

Project Details

The largest order, valued at ₹229.57 crore, was awarded by NF RLY Construction for protection work at Tunnel No. 10 and associated earthworks for the Dimapur – Kohima New BG Line Project. This contract is to be executed over 24 months. MSIDC awarded a contract worth ₹210.99 crore for the proposed construction and integrated development of Darshan Path Tappa-2, Ghat Shahi Marg, and Shivdarshan Path at Trimbakeshwar, Nashik, to be completed within 12 months. Additionally, the Ministry of Road Transport & Highways assigned a project worth ₹60.43 crore for the treatment of five landslide locations on NH-107 and NH-107A in Uttarakhand under the Annual Plan 2025-26, with an 18-month execution timeline.

Significance

The addition of these orders, totaling ₹500.99 crore, represents approximately 41.75% of SRM Contractors' current market capitalisation of ₹1200 crore. These wins enhance the company's revenue visibility and demonstrate its capability to secure mandates across road, rail, and religious infrastructure development segments.

Sanjay Mehta, representing the promoters and promoter group of srm contractors , disclosed holding a 72.59% stake in the company as of March 31, 2026. The filing confirms the group's substantial ownership remained unchanged without any encumbrance during the financial year.

The disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to report their shareholding details and any encumbrances created during a financial year.

According to the filing, the promoters held 1,66,55,676 shares, which constitutes 72.59% of the total paid-up share capital of SRM Contractors Limited. The document explicitly states that no encumbrance of shares was made, directly or indirectly, throughout the financial year ended March 31, 2026.

Shareholding Details

The declaration was addressed to BSE Limited and The National Stock Exchange of India Limited to update their records. A copy was also marked to the Audit Committee and the registered office of SRM Contractors Limited.