SEPC Limited — Important, 12-03-2025: Updates

SEPC has executed a Framework Agreement with ROSHN Group Company in Riyadh, Saudi Arabia, to undertake significant infrastructure works. The company has placed a bid for projects across three zones in Jeddah North, Phase 1A, valued at approximately SAR 893 million (around INR 2200 Crore). Following the framework agreement, SEPC anticipates receiving Call-off Orders for at least one of the zones, which could enhance their operational footprint in the region. This agreement presents a positive outlook for future revenue contributions and strategic expansion opportunities in the Middle East market. Stakeholders should monitor this development closely for its potential impact on the company’s growth trajectory.