SPML Infra Limited has approved the allotment of 6,65,000 equity shares following the exercise of warrants by a promoter group entity, Niral Enterprises Pvt Ltd. The shares, with a face value of Rs 2, were issued at a price of Rs 215 per share, including a premium of Rs 213. This conversion results in a capital infusion of approximately Rs 14.30 crore into the company. Such actions typically indicate promoter confidence and strengthen the company's balance sheet.

SPML Infra Limited has approved the allotment of 6,65,000 equity shares following the exercise of warrants by a promoter group entity, Niral Enterprises Pvt Ltd. The shares were issued at a price of Rs 215 each, which includes a premium of Rs 213 per share. This move results in a capital infusion of approximately Rs 14.3 crore into the company. The allotment was conducted on a preferential basis, signaling strong promoter commitment and providing the company with additional liquidity.

SPML Infra Limited has approved the allotment of 3,25,000 equity shares following the exercise of warrants by a promoter group entity. The shares, with a face value of Rs 2, were issued at a price of Rs 215 each, including a premium of Rs 213. The allottee is Niral Enterprises Pvt Ltd, which strengthens the promoter's stake and provides capital to the company. This move reflects continued promoter confidence and financial support for the infrastructure firm.

SPML Infra reported a robust Q3 FY26 with PAT surging 97% YoY to ₹20.5 crore and revenue growing 21% to ₹231 crore. The company's order book has strengthened to ₹4,358 crore, backed by ₹4,324 crore in fresh inflows during 9M FY26. Management is aggressively pivoting toward the Battery Energy Storage System (BESS) segment, with a 2.5 GW manufacturing facility in Pune expected to be operational by Q1 FY27. Financial health is improving with ₹317 crore in debt repaid over two years and ₹621 crore in arbitration awards covering the residual NARCL debt of ₹383 crore.

SPML Infra reported a strong performance for the quarter ended December 31, 2025, with consolidated revenue from operations rising 22.3% YoY to ₹229.76 crore. Net profit for the quarter more than doubled to ₹20.34 crore, up from ₹9.94 crore in the previous year's corresponding quarter. The company also strengthened its capital base by allotting equity shares worth approximately ₹76.25 crore to promoters and NARCL through preferential issues and debt conversion. While nine-month revenue remained flat, the significant improvement in quarterly margins and debt restructuring progress are positive indicators.

SPML Infra reported a strong performance for Q3 FY26, with PAT nearly doubling to ₹20.5 crore compared to ₹10.4 crore in the previous year. The company has secured a massive new order book of ₹4,324 crore, driven by major wins in the water supply and irrigation sectors under JJM and AMRUT 2.0. Significant balance sheet deleveraging is evident, with the debt-to-equity ratio improving to 0.41x from 1.10x in FY24. The company is also resolving legacy debt through NARCL, with outstanding debt of ₹383 crore now well-covered by ₹621 crore in arbitration awards in hand.

SPML Infra reported a strong performance for Q3 FY26, with consolidated revenue growing 22.3% YoY to ₹229.76 crore. Net profit for the quarter surged by 104.6% to ₹20.34 crore compared to ₹9.94 crore in the same period last year. The company also completed significant fund-raising and debt-restructuring activities, including a ₹31.58 crore debt-to-equity conversion with NARCL. These results reflect improved operational efficiency and a strengthening balance sheet following the Master Restructuring Agreement.

SPML Infra, as part of a consortium, has secured a significant ₹344.64 crore contract from the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB). The project involves implementing a 24x7 pressurized water supply system under the AMRUT scheme using the Hybrid Annuity Model (HAM). The contract includes a 2-year construction phase followed by a long-term 15-year operation and maintenance (O&M) period, providing extended revenue visibility. This project aims to serve approximately half a million people and significantly reduce non-revenue water levels.

SPML Infra reported a robust performance for Q3 FY26, with standalone revenue from operations growing 22.3% year-on-year to ₹229.76 crore. Net profit for the quarter saw a significant jump of 96.7%, reaching ₹20.47 crore compared to ₹10.41 crore in the same period last year. The company also strengthened its capital structure by allotting 11.44 lakh shares to NARCL via debt-to-equity conversion at ₹276 per share and 37.67 lakh shares to promoters through warrant conversion. For the nine-month period, the company maintained a steady profit growth of 27.8%, totaling ₹47.87 crore.

SPML Infra Limited has approved the allotment of 6,70,000 equity shares following the exercise of warrants by a promoter group entity. The shares, with a face value of Rs 2, were issued at a price of Rs 215 each, including a premium of Rs 213. The recipient of this allotment is Niral Enterprises Pvt Ltd, which strengthens the promoter's stake in the company. This capital infusion reflects promoter confidence and provides liquidity to the infrastructure firm.

SPML Infra Limited has successfully secured a favorable arbitration award amounting to Rs. 21.61 Crore. The award was granted by the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) on December 31, 2025. This legal victory is expected to enhance the company's liquidity and cash flow position upon realization. The award remains subject to the specific terms and conditions stipulated in the legal order.

SPML Infra Limited has received a favorable arbitration award amounting to Rs. 21.61 Crore. The award was granted by the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) on December 31, 2025. This legal victory is expected to provide a positive boost to the company's liquidity and cash flow. The realization of this amount remains subject to the specific terms and conditions mentioned in the award.

SPML Infra Limited has approved the allotment of 1,144,436 equity shares to National Asset Reconstruction Company Limited (NARCL) on a preferential basis. The shares, priced at Rs 276 each (including a Rs 274 premium), are being issued upon the conversion of existing loans. This move is aimed at restructuring the company's debt by converting liabilities into equity. The allotment was finalized via a circular resolution passed by the Board of Directors on December 31, 2025.

SPML Infra Limited held an Extraordinary General Meeting (EGM) on December 10, 2025, to approve key financial restructuring measures. The primary resolution involved the issuance of 11,44,436 equity shares to the National Asset Reconstruction Company Limited (NARCL) by converting existing debt on a preferential basis. This move is aimed at reducing the company's debt burden and improving its balance sheet health. Additionally, shareholders considered a proposal for additional remuneration for Nominee Director Mr. Tharuvai Venugopal Rangaswami.

SPML Infra, in a joint venture with Shree Hari Infraprojects, has been awarded a ₹207.38 crore project by the Public Health Engineering Department (PHED) of Rajasthan. The contract, under the Jal Jeevan Mission, involves augmenting water supply infrastructure in the Kota and Bundi regions. The project includes the construction of three water treatment plants with a combined capacity of 118 MLD and 52.6 km of pipelines. Importantly, the contract includes a 10-year operations and maintenance (O&M) period, providing long-term revenue visibility for the company.