Sobhagya Mercantile Ltd — Important, 12-05-2026: Company Update

Sobhagya Mercantile, as a 40% partner in the Adyal L.I.S. JV, has secured a significant domestic contract from Vidarbha Irrigation Development Corporation. The Rs. 260.53 Crore order is for the construction of the Adyal Lift Irrigation Scheme in Maharashtra. This project is expected to be executed over 33 months. The JV is required to submit an initial security deposit of Rs. 2.61 Crore within 10 days. This win enhances the company's project pipeline and operational scale in infrastructure development.