Enviro Infra Engineers Limited has announced securing a significant infrastructure contract worth ₹411.08 crores for the Aurangabad Sewerage Network and STP Scheme. The company received the Letter of Acceptance from Bihar Urban Infrastructure Development Corporation Limited under the AMRUT 2.0 initiative, marking its strategic expansion into Bihar state.

Project Overview and Scope

The comprehensive project encompasses multiple critical infrastructure components for Aurangabad Town in Bihar. The scope includes Engineering, Procurement, and Construction (EPC) of a 20 MLD Sewage Treatment Plant along with all appurtenant structures and allied works, complete with disinfection control and SCADA systems.

Management Commentary

Commenting on the project win, Mr. Sanjay Jain, Chairman of Enviro Infra Engineers Limited, expressed pride in being entrusted with this significant government project. He emphasized the company's commitment to delivering high-quality, sustainable, and timely solutions that contribute to the nation's water management and sanitation goals while maintaining the highest standards of engineering and execution.

Contract Details and Timeline

The domestic contract, awarded under AMRUT 2.0, represents a significant addition to the company's project portfolio. The EPC work is scheduled for completion within 15 months from the date of commencement, followed by Operation and Maintenance services for 5 years.

Company Profile

Enviro Infra Engineers Limited operates as a leading EPC company specializing in Water and Wastewater Treatment Plants and Water Supply Scheme Projects for government authorities. With over 15 years of experience, the company maintains an in-house team for designing, engineering, and construction, supported by third-party consultants and industry experts to ensure compliance with quality standards.

Enviro Infra Engineers Limited has secured in-principle approval from both major Indian stock exchanges for listing equity shares under its employee stock option plan. The company announced on February 24, 2026, that it received approval letters from the National Stock Exchange of India Limited (NSE) and BSE Limited for the EIEL Employees Stock Option Plan 2025.

Exchange Approvals and Details

The approvals cover the listing of up to 17,73,031 equity shares of Rs. 10/- each to be issued under the employee stock option scheme. The NSE granted approval through letter reference NSE/LIST/53030 dated February 24, 2026, while BSE issued its approval under reference DCS/ESOP/IP/Ak/4100/2025-26 on the same date.

Regulatory Compliance Requirements

Both exchanges have outlined specific conditions that must be fulfilled for the final listing approval. The NSE requires the company to notify the exchange under Regulation 10(c) together with listing application only after allotment of securities and credit to beneficiaries' accounts. Additionally, the company must obtain statutory and other approvals and ensure compliance with guidelines issued by SEBI, RBI, and MCA.

The BSE has stipulated similar conditions, emphasizing compliance with the Securities Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Both exchanges require adherence to the Companies Act, 1956/2013, and other applicable laws.

Documentation and Future Steps

The exchanges have provided comprehensive checklists of required documentation for the listing process. Key requirements include:

• Certified true copy of statement under Regulation 10(c)
• NSDL/CDSL credit confirmation by the registrar and transfer agent
• Board resolution of allotment of shares
• List of allottees with detailed specifications
• Details of employees granted options exceeding specified thresholds

Both NSE and BSE have reserved the right to withdraw their in-principle approval if submitted information is found to be incomplete, incorrect, misleading, or in contravention of exchange rules and regulations. The final trading permission will be granted upon receipt of notification under Regulation 10(c) and compliance with all stated conditions.

Corporate Communication

The announcement was made by Piyush Jain, Company Secretary and Compliance Officer of Enviro Infra Engineers Limited, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has been directed to take up any additional approvals required from other departments of the exchanges separately.