SPML Infra has won a ₹165.4 crore contract for constructing a 400 kV grid substation in Kota, Rajasthan, from RRVPNL. The project is expected to last 18 months.
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SPML Infra has secured a significant ₹165 crore deal, bolstering their short-term workload visibility. This new contract fortifies the company's immediate execution plans.
At an Extraordinary General Meeting (EGM) held on May 16, 2026, SPML Infra has obtained necessary approvals for equity issuance, warrant distribution, and converting loans into shares. These moves aim to strengthen the company's financial position.
Notable investment guru Vijay Kedia recently expanded his portfolio by including SPML Infra and Websol Energy. Both companies have shown impressive growth with returns surpassing an astonishing 2000%, as per recent reports.
SPML Infra has secured a new contract worth approximately $150 million, bolstering its market value to around $26 million. This significant order could contribute positively to the company's growth prospects.
SPML Infra secures a significant ₹1,128 crore contract to build a 1 GWh battery energy storage project, granted by NTPC. This move signals NTPC's focus on expanding renewable energy solutions.
SPML Infra has issued approximately 42.45 million shares at a price of Rs. 215 each following the exercise of warrants. The allotment involves both promoter and non-promoter groups, in accordance with SEBI guidelines.
VST Industries saw a significant 20% jump in its stock price, with increased trading volume, as the company reported a doubling of its Q4FY26 profit after tax (PAT). Similarly, SCI experienced a similar rise and secured a deal for green methanol shipments under NGHM, contributing to positive market sentiment.
SPML Infra has announced the allotment of 8.5 lakh shares on April 10, 2026, priced at Rs. 215 each, to a promoter group entity, with a face value of Rs. 2 per share.