SUGS Lloyd Limited has announced a major contract win, securing Letters of Award (LOA) worth ₹639.24 crores from Konkan Railway Corporation Limited. The company disclosed this significant development under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, following notification received on March 17, 2026. The company currently maintains a market capitalization of ₹250 crores.

Contract Details and Scope

The awarded contract encompasses supply, installation, testing and commissioning of plant contract including SCADA-DMS work in projects being executed by Konkan Railway Corporation Limited. The comprehensive project demonstrates the company's capabilities in railway infrastructure and advanced monitoring systems.

Project Specifications

The contract involves sophisticated railway infrastructure work, specifically focusing on SCADA-DMS (Supervisory Control and Data Acquisition - Distribution Management System) implementation. This technology is crucial for modern railway operations, enabling real-time monitoring and control of railway systems.

Key project characteristics include:

• Complete turnkey solution from supply to commissioning
• Advanced SCADA-DMS integration
• 24-month execution period
• Domestic railway infrastructure enhancement

Financial Impact and Market Position

The contract value of ₹639.24 crores represents a significant portion relative to the company's current market capitalization of ₹250 crores, highlighting the substantial nature of this award for SUGS Lloyd Limited. This contract demonstrates the company's ability to secure large-scale infrastructure projects in the railway sector.

Regulatory Compliance

SUGS Lloyd Limited has fulfilled all disclosure requirements under the SEBI Listing Regulations. The company confirmed that neither promoters nor group companies have any interest in Konkan Railway Corporation Limited, and the contract does not fall within Related Party Transactions framework.

Company Background

SUGS Lloyd Limited, formerly SUGS Lloyd Private Limited, is an ISO 9001:2015 certified company headquartered in Noida, Uttar Pradesh. The company operates from its corporate office located at Logix Park, Sector 16, and specializes in infrastructure and engineering solutions.

This substantial contract award represents a significant milestone for the company, demonstrating its technical capabilities and market position in the railway infrastructure sector. The 24-month execution timeline provides a structured framework for project delivery and revenue recognition over the contract period.

Sugs Lloyd Limited has announced the appointment of M/s. Singh Pradeep & Associates, Chartered Accountants as its Internal Auditor for the Financial Year 2025-26. The appointment was approved by the Board of Directors at their meeting held on March 03, 2026, as part of the company's compliance with regulatory requirements.

Appointment Details

The company has appointed M/s. Singh Pradeep & Associates, Chartered Accountants (Firm Registration No. 031528C) to undertake the Internal Audit of the Company for Financial Year 2025-26. The appointment is made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The appointment has been made to comply with the provisions of Section 138 of the Companies Act, 2013 read with Rule 13 of the Companies (Accounts) Rules, 2014. This ensures that the company maintains proper internal audit mechanisms as required by Indian corporate regulations.

About the Appointed Firm

M/s. Singh Pradeep & Associates, Chartered Accountants was incorporated on April 22, 2021 and is described as a professionally managed firm with rich industry exposure and functional expertise. The firm offers a comprehensive range of services including:

• Statutory Audit
• Internal Audit & Assurance
• Direct and Indirect Taxation
• Management Information Systems (MIS)
• Regulatory compliance

Professional Experience

The firm is led by a Chartered Accountant with over 21 years of extensive experience in the Retail and E-Commerce sectors. The proprietor has previously worked with reputed organizations including McDonald India Pvt. Ltd., Sports & Leisure Apparel Ltd. (Lacoste, India), AskmeBazaar, UniverCell – The Mobile Expert, and Spice Hotspot.

The proprietor qualified as a Chartered Accountant in 2005 and is a Fellow Chartered Accountant (FCA). Additionally, the professional holds qualifications in M.Com, CS, CMA, and LLB, bringing a broad multidisciplinary perspective to client advisory and business solutions.

Company Information

The appointment was communicated to BSE Limited through a formal intimation signed by Nimmy Singh Chauhan, Company Secretary and Compliance Officer of Sugs Lloyd Limited. The company operates from its corporate office located at 2nd Floor Logix Park, Plot No A4 and 5 Sector 16, Noida, Uttar Pradesh, and is ISO 9001: 2015 certified.