Gabion Technologies India Limited has informed the Bombay Stock Exchange about the cancellation of a work order from Larsen & Toubro Limited, originally valued at ₹36,24,960/-. The company submitted this clarification on 2nd February, 2026, following its initial disclosure on 20th January, 2026 regarding the receipt of the order.

Work Order Details

The original work order pertained to the supply of gabion boxes for the Mumbai-Ahmedabad High Speed Rail Project. The company had received this order on 16th January, 2026, with specific requirements for Package No. MAHSR-C-3.

Cancellation and Technical Changes

The company cited changes in technical specifications as the primary reason for the cancellation. According to the disclosure, the execution and continuation of the work order has been cancelled as of now and remains subject to further confirmation from Larsen & Toubro Limited.

Gabion Technologies has assured stakeholders that it will make appropriate disclosures to the Stock Exchange in case any revised or additional work order is received regarding this project. The company has also made this information available on its official website at gabionindia.com.

Regulatory Compliance

The clarification was submitted under Regulation 30 of the listing regulations, demonstrating the company's commitment to maintaining transparency with investors and regulatory authorities. Managing Director Madhusudan Sarda signed the disclosure document, which was digitally authenticated on 2nd February, 2026.

Gabion Technologies India Limited has received vendor approval for its Rock Catch Fence/Barrier system for Package C3 of the Mumbai-Ahmedabad High Speed Rail (MAHSR) Project, marking a significant milestone in the company's participation in India's prestigious bullet train initiative. The approval was granted by the Engineer after satisfactory review of technical submissions, design methodology, and test results in accordance with project specifications.

Bullet Train Project Approval Details

The Notice of No Objection (NONO) enables Gabion Technologies to participate in supplying Rock Catch Fence/Barrier systems for slope protection and safety works under Package C3, which has been awarded to Larsen & Toubro Construction. The package encompasses civil works including viaducts, tunnels, earthworks, and comprehensive slope protection systems.

Recent Order Book Performance

During the week ended January 31, 2026, the company secured consolidated work and supply orders worth ₹6.35 crore from various government and private sector clients. The order portfolio included seven distinct orders spanning both government defense organizations and private construction companies, demonstrating strong market diversification.

Strategic Market Position

The vendor approval for the bullet train project reflects Gabion Technologies' engineering expertise in delivering high-quality safety and protection solutions for complex infrastructure projects. The company's product portfolio encompasses steel gabions, rockfall protection systems, and geotechnical solutions across roads, railways, airports, mining, irrigation, defense, and urban development sectors.

Management highlighted that the evolving policy support for high-speed rail development, including the Union Budget's proposal for additional bullet train corridors beyond the Mumbai-Ahmedabad route, strengthens the long-term growth outlook for specialized rail infrastructure and safety system providers.

Business Impact and Compliance

The recent orders represent routine business activities secured through normal business channels without related party transactions. The diverse client base and project portfolio provide revenue visibility across multiple quarters, with execution timelines extending from February 2026 through June 2026. All developments have been disclosed in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.