SPML Infra Limited

SPML Infra Ltd has submitted its final Monitoring Agency Report for the quarter ended June 30, 2026, prepared by ICRA Limited. The report confirms that the utilization of funds raised through a preferential allotment is in line with the objects of the issue, with no deviation observed. The preferential issue involved equity shares and warrants, with gross proceeds revised to INR 292.58 crore. The report clarifies that the Monitoring Agency does not perform an audit and undertakes no independent verification of information provided by the issuer.

SPML Infra Ltd. reported a strong Q1 FY27 with revenue surging 74% year-on-year to ₹286 crore and Profit After Tax (PAT) jumping 87% to ₹22.7 crore. EBITDA also saw significant growth, rising 81% to ₹328 crore, with EBITDA margins improving to 9.9%. The company secured ₹1,293 crore in new orders, bringing its total order book to ₹5,094 crore, with a focus on higher-margin projects. SPML Infra maintained its FY27 growth guidance of a minimum 25% and is progressing with its BESS manufacturing, targeting Q4 billing. The company also continues to strengthen its balance sheet, with legacy debt significantly reduced and backed by arbitration awards.

SPML Infra Ltd announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors also approved the re-appointment of Mr. Rajeev Kumar Jain as an Independent Director for a second term, subject to shareholder approval. The company fixed the date for its 45th Annual General Meeting (AGM) on September 25, 2026, and announced the closure of the Register of Members from September 19 to September 25, 2026, for the AGM. The financial results are available on the company's website.

SPML Infra Ltd announced the re-appointment of Mr. Rajeev Kumar Jain as a Non-Executive Independent Director for a second term of five years, commencing September 3, 2026. This re-appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The Board also approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, along with the limited review report. The 45th AGM is scheduled for September 25, 2026, with the register of members closing from September 19 to September 25, 2026.

SPML Infra Ltd has announced that its Board of Directors will convene on August 12, 2026, to consider and approve the Un-Audited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. In line with SEBI regulations, the company has also informed that the trading window for its securities will be closed from July 1, 2026, until 48 hours after the declaration of these financial results. The notice is available on the company's website.

SPML Infra Ltd announced the allotment of 6,93,999 equity shares and 95,39,449 warrants through a circular resolution passed on July 18, 2026. This includes 3,09,141 equity shares allotted on a preferential basis to non-promoters for ₹5.75 Crore and 3,84,858 equity shares to National Asset Reconstruction Company Ltd on conversion of ₹7.16 Crore loan. Additionally, 95,39,449 warrants were allotted to promoter and non-promoter groups at ₹186 per warrant, with an initial infusion of ₹44.36 Crore (25% of the warrant value). These warrants are convertible into equity shares within 18 months.

SPML Infra Ltd has announced the closure of its trading window for dealing in the company's equity shares. This closure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut for all designated persons and their immediate relatives from July 1, 2026, until 48 hours after the declaration of the financial results for the first quarter ended June 30, 2026. This measure is a standard practice to prevent potential insider trading during the sensitive period leading up to financial result announcements.

The Board of Directors of 500402, in its meeting on May 28, 2026, approved the re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar (DIN: 02720714) as a Non-Executive Independent Director. This re-appointment is for a second and final term of one year, effective from June 8, 2026, to June 7, 2027, and is subject to shareholder approval. Mr. Sivashankar is a financial services professional with over 30 years of experience, having held senior roles at Citibank and as a former MD at Rohatyn Group. The Board also considered and approved the Audited Standalone and Consolidated Financial Statements for the quarter and year ended March 31, 2026, with an unmodified audit opinion.

The Board of Directors of 500402 (SPML Infra Limited) met on May 28, 2026, to approve the Audited Standalone and Consolidated Financial Statements for the quarter and year ended March 31, 2026. The financial statements received an unmodified opinion from the statutory auditors, M/s. Maheshwari & Associates. Additionally, the Board approved the re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar as a Non-Executive Independent Director for a second and final term of one year, effective from June 8, 2026, subject to shareholder approval.

The Board of Directors of 500402, in a meeting held on May 28, 2026, approved the Audited Standalone and Consolidated Financial Statements for the quarter and year ended March 31, 2026. The Auditors' Report, issued by M/s. Maheshwari & Associates, Chartered Accountants, carried an unmodified opinion on these financial statements. Additionally, the Board, based on the Nomination and Remuneration Committee's recommendation and subject to shareholder approval, approved the re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar as a Non-Executive Independent Director for a second and final term of one year, effective from June 8, 2026, to June 7, 2027.