Sanmit Infra Limited has secured its tenth significant infrastructure contract worth ₹3.61 crore for micro surfacing work in Maharashtra. The company disclosed this development through an official regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated March 9, 2026.

Project Overview

The contract involves 266000 SQMT micro surfacing work at the AM-164 improvement project, spanning from Mhaisang to Aasara (Km 25+100 to 65+200) in Akola district. The project is being executed under the Maharashtra Rural Infrastructure Program (MRIP) on Hybrid Mode for M/s. Shree Palsiddha Construction Pvt Ltd.

Technical Specifications

The project involves providing and laying micro surfacing course comprising dry fine aggregates conforming to Type-II grading specifications. The work includes polymer modified bitumen emulsion with minimum 60% binder content, ordinary Portland cement, chemical additives and water in specified proportions with Type-II thickness of 4-6mm.

Key technical requirements include:

• Dry aggregate conforming to type-II grading at 8-10 kg per sqm of road surface coverage
• Bitumen emulsion at 11-12% by weight of dry aggregate as per mix design requirement
• Cement at 1-2% by weight of dry aggregate or as per mix design requirement
• Additive at 0-2% by weight of dry aggregates or as per mix design requirement

Commercial Terms and Payment Structure

The contract includes favorable payment terms with a mobilization advance of ₹10 lakh provided along with the work order. Payment will be made within 15 days after submission of running account bills with statutory deductions. A retention of 3% will be deducted from each running account bill and released after completion of the defect liability period.

Scope of Work Distribution

The contract clearly defines responsibilities between both parties. Shree Palsiddha Construction Pvt Ltd will provide open land for base camp (approximately 6000 sq. yards) near the road stretch, handle local issues, traffic diversion, administrative matters, and filling of pot holes with rectification of settlement patches.

Sanmit Infra Limited's scope encompasses all machinery, manpower, materials including aggregate, emulsion, cement and additives, along with fuel, quality control and assurance, supervision, execution, and all safety precautions. The company will also conduct joint inspections and measurements after completion of every 25,000 sqm of micro surfacing work.

Performance Guarantee and Risk Management

The contract includes a 12-month defect liability period with specific exclusions for defects arising from underlying surface issues and damages due to water logging or flooding. The defect liability period will not apply to settlement of roads on paved surfaces and cracks developed from the road base, ensuring fair risk allocation between the contracting parties. The filing confirms this is a domestic contract with no related party transactions or promoter group interests involved.

Sanmit Infra has secured its ninth significant work order, winning a micro surfacing project at Nagothane Road from M/s. Anand Constructions. The contract spans 250,000 square meters with a total value of ₹35.1 million including GST, as disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015.

Project Specifications

The awarded project involves providing and laying micro surfacing course type-III (6 to 8 mm thick) grading using polymer modified cationic microsurfacing bitumen emulsion 12% with fibre reinforcement. This specialized road maintenance technique enhances pavement performance and extends road life.

Project Timeline and Execution

The project is scheduled to commence on March 15, 2026, with completion targeted by May 31, 2026, providing a focused execution window of approximately 2.5 months. Sanmit Infra's scope includes all machinery, manpower, materials, fuel, quality control and assurance, supervision, and execution requirements.

Contract Terms and Conditions

The agreement includes comprehensive payment and performance terms. Payment will be processed within 15 days of RA bill submission, with 5% retention deducted until completion. The contract provides for 5% mobilization advance on contract value excluding GST, recoverable between 20-80% work execution. Standard deductions include 2% IT and 1% labour cess as per prevailing norms.

Business Impact

This ninth significant work order strengthens Sanmit Infra's position in the infrastructure development sector, particularly in specialized road surfacing and maintenance services. The ₹35.1 million project value represents a meaningful addition to the company's order book and demonstrates continued client confidence in the company's technical capabilities and execution expertise in the micro surfacing segment.