SUGS Lloyd Limited has announced a transformational 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 SEBI regulations and subsequently issued an official press release highlighting the strategic importance of this mega order.

Contract Overview and Financial Impact

The awarded contract represents a landmark achievement for the EPC company, which specializes in Power T&D, solar, and smart grid solutions. The comprehensive project involves supply, installation, testing and commissioning of plant contract including SCADA-DMS (Supervisory Control and Data Acquisition - Distribution Management System) work.

Management Commentary and Strategic Significance

Commenting on the receipt of the new order, Mr. Santosh Shah, Chairman and Promoter of SUGS Lloyd Limited, emphasized the transformational nature of this contract. He stated that this landmark order serves as strong validation of the company's execution capabilities in large-scale EPC and smart grid projects, significantly enhancing revenue visibility and marking an important step in scaling the business.

The management highlighted that this order strengthens the company's presence in the Power Transmission and Distribution business while positioning them to participate in larger opportunities going forward. The company remains focused on disciplined execution, selective bidding, and maintaining financial prudence.

Company Performance and Market Position

SUGS Lloyd Limited, established in 2009, has evolved into a trusted partner for power infrastructure projects under schemes such as RDSS & IPDS. The company serves blue-chip clients including NTPC, Tata Power, Adani Renewables, Indian Railway and several state DISCOMs, holding over 50% market share in Fault Passage Indicator (FPI) technology.

Technical Specifications and Project Scope

The contract involves sophisticated railway infrastructure work, specifically focusing on SCADA-DMS implementation crucial for modern railway operations. This technology enables real-time monitoring and control of railway systems, representing a complete turnkey solution from supply to commissioning with advanced SCADA-DMS integration for domestic railway infrastructure enhancement.

Regulatory Compliance and Corporate Structure

SUGS Lloyd Limited, formerly SUGS Lloyd Private Limited, is an ISO 9001:2015 certified company headquartered in Noida, Uttar Pradesh. The company has fulfilled all disclosure requirements under SEBI Listing Regulations, confirming that neither promoters nor group companies have any interest in Konkan Railway Corporation Limited, ensuring the contract does not fall within Related Party Transactions framework.

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