SPML Infra Limited Appoints Go India Advisors as Investor Relations Agency

1 min read     Updated on 14 Jan 2026, 06:00 PM
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Overview

SPML Infra Limited has appointed Go India Advisors as its Investor Relations Agency effective February 1, 2026. The company made this disclosure on January 14, 2026, under SEBI Listing Regulations to both BSE and NSE. This strategic appointment aims to enhance investor communication and relations management for the infrastructure development company.

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*this image is generated using AI for illustrative purposes only.

SPML Infra Limited has announced the appointment of Go India Advisors as its Investor Relations Agency, effective from February 1, 2026. The company disclosed this information to the stock exchanges on January 14, 2026, in compliance with regulatory requirements.

Regulatory Disclosure Details

The appointment was communicated to both BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure ensures transparency and keeps stakeholders informed about key corporate developments.

Parameter: Details
Agency Name: Go India Advisors
Effective Date: February 1, 2026
Disclosure Date: January 14, 2026
Regulation: SEBI Listing Regulations 30

Company Information

SPML Infra Limited operates in the infrastructure development sector with its registered office located at 22, Camac Street, Block-A, 3rd Floor, Kolkata 700016. The company maintains ISO 9001:2015 certification, reflecting its commitment to quality management systems.

Exchange Listing Details

The company's securities are listed on major Indian stock exchanges with the following identifiers:

  • BSE Scrip Code: 500402
  • NSE Symbol: SPMLINFRA
  • CIN: L40106WB1981PLC276372

The formal communication was signed by Swati Agarwal, Company Secretary, ensuring proper authorization and compliance with corporate governance norms. This appointment reflects the company's focus on maintaining effective investor relations and communication channels.

Historical Stock Returns for SPML Infra

1 Day5 Days1 Month6 Months1 Year5 Years
+1.30%-14.12%-4.74%-40.25%-18.42%+902.18%
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SPML Infra secures ₹159 crore surety bond limit and ₹21.61 crore arbitration award

1 min read     Updated on 03 Jan 2026, 05:33 PM
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Reviewed by
Suketu GScanX News Team
Overview

SPML Infra announced two major financial developments including a ₹159 crore surety bond limit from an IRDAI-registered insurer and a favorable ₹21.61 crore arbitration award from Chennai Metropolitan Water Supply and Sewerage Board. These developments strengthen the company's bidding capabilities and cash flow position, following recent project wins including a ₹207.38 crore Jal Jeevan Mission project in Rajasthan.

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*this image is generated using AI for illustrative purposes only.

SPML Infra Ltd announced two significant financial developments that strengthen its operational capabilities and cash flow position. The infrastructure development firm received a ₹159 crore surety bond limit from a reputed insurer registered with the Insurance Regulatory and Development Authority of India (IRDAI) and secured a favorable arbitration award worth ₹21.61 crore.

Financial Developments Overview

The company's recent achievements demonstrate improved financial flexibility and successful resolution of contractual disputes:

Development: Amount Source/Authority
Surety Bond Limit: ₹159.00 crore IRDAI-registered insurer
Arbitration Award: ₹21.61 crore Chennai Metropolitan Water Supply and Sewerage Board

Surety Bond Enhancement

The ₹159 crore surety bond limit represents a significant enhancement to SPML Infra's bidding capabilities. This facility will enable the company to participate more effectively in tenders by providing security in place of bank guarantees for contract awards. The arrangement with the IRDAI-registered insurer offers greater financial flexibility and reduces the burden on traditional banking facilities.

Arbitration Award Success

SPML Infra secured the ₹21.61 crore arbitration award from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) on December 31, 2024. The award, which favors the company, remains subject to the terms and conditions stipulated in the arbitration proceedings. This resolution adds to the company's receivables and demonstrates successful contract dispute management.

Recent Project Wins

The developments follow SPML Infra's recent ₹207.38 crore project award from the Public Health Engineering Department (PHED), Jhalawar, Rajasthan, secured in joint venture with Shree Hari Infraprojects Private Ltd. This project under the Jal Jeevan Mission includes:

  • Construction and commissioning of three intake wells and water treatment plants (118 MLD combined capacity)
  • Three clear water reservoirs with 16.10 million litres total capacity
  • 52.60 km of pipelines (600mm to 1300mm diameter)
  • PLC and SCADA systems integration
  • 10 years of operations and maintenance
  • Service delivery to over 1.03 million people

Market Performance

SPML Infra Ltd shares closed at ₹187.00 on January 2, declining ₹3.29 or 1.73% on the BSE, reflecting broader market movements despite the positive corporate developments.

Historical Stock Returns for SPML Infra

1 Day5 Days1 Month6 Months1 Year5 Years
+1.30%-14.12%-4.74%-40.25%-18.42%+902.18%
SPML Infra
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