SPML Infra Secures Surety Bond Limit of ₹159 Crores

1 min read     Updated on 03 Jan 2026, 03:43 PM
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Overview

SPML Infra has obtained a surety bond limit of ₹159 crores, enhancing its financial capabilities and operational flexibility. This development strengthens the company's position in the infrastructure sector and provides additional financial backing for project execution and contractual obligations.

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SPML Infra has announced that it has successfully obtained a surety bond limit of ₹159 crores. This development represents a significant financial milestone for the infrastructure development company.

Financial Enhancement Details

The surety bond limit provides the company with enhanced financial flexibility and operational capabilities. This arrangement strengthens SPML Infra's position in the infrastructure sector by providing additional financial backing for its operations.

Parameter: Details
Surety Bond Limit: ₹159.00 crores
Company Sector: Infrastructure Developers & Operators

Strategic Implications

The obtained surety bond limit enhances SPML Infra's ability to participate in larger infrastructure projects and meet contractual obligations. This financial arrangement provides the company with additional credibility and financial backing when bidding for new projects or executing existing contracts.

Surety bonds serve as a guarantee mechanism in the infrastructure sector, assuring project owners that contractors will fulfill their contractual obligations. The substantial limit of ₹159 crores indicates the company's financial standing and operational capacity in the infrastructure development space.

Company Position

SPML Infra operates in the infrastructure developers and operators sector, focusing on various infrastructure development projects. The new surety bond limit adds to the company's financial tools and may support its growth initiatives in the infrastructure sector.

Historical Stock Returns for SPML Infra

1 Day5 Days1 Month6 Months1 Year5 Years
-5.47%+0.43%-5.36%-25.17%-27.88%+1,085.08%
SPML Infra
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SPML Infra Limited Secures ₹21.61 Crore Arbitration Award from CMWSSB

1 min read     Updated on 03 Jan 2026, 03:22 PM
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Reviewed by
Radhika SScanX News Team
Overview

SPML Infra Limited announced receipt of a favorable arbitration award worth ₹21.61 crores from Chennai Metropolitan Water Supply and Sewerage Board on December 31, 2025. The company disclosed this material development under SEBI Regulation 30, with the award being subject to terms and conditions specified in the award document.

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

SPML Infra Limited has secured a significant arbitration award of ₹21.61 crores from Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), the company announced in a regulatory filing on January 3, 2026. The arbitration award was received on December 31, 2025, marking a favorable outcome for the infrastructure company.

Arbitration Award Details

The company disclosed the arbitration award under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The award details are presented below:

Parameter: Details
Award Amount: ₹21.61 crores
Awarding Authority: Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB)
Award Date: December 31, 2025
Award Status: In favor of SPML Infra Limited

Regulatory Compliance

SPML Infra Limited made the disclosure in compliance with SEBI regulations, informing both the National Stock Exchange and BSE Limited about this material development. The company emphasized that the arbitration award is subject to the terms and conditions as stipulated in the award document.

Company Communication

The regulatory filing was signed by Swati Agarwal, Company Secretary of SPML Infra Limited, on January 3, 2026. The communication was addressed to both major stock exchanges where the company's shares are listed - NSE (scrip code: SPMLINFRA) and BSE (scrip code: 500402).

This arbitration award represents a positive development for SPML Infra Limited, providing additional financial resources from the resolution of disputes with CMWSSB. The award amount of ₹21.61 crores could contribute to the company's financial position, subject to the fulfillment of conditions specified in the arbitration award.

Historical Stock Returns for SPML Infra

1 Day5 Days1 Month6 Months1 Year5 Years
-5.47%+0.43%-5.36%-25.17%-27.88%+1,085.08%
SPML Infra
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