SPML Infra Limited secured a landmark ₹1,128 Crore contract from NTPC Limited to develop a 1 GWh Battery Energy Storage System (BESS) in Bihar. The project involves an 18-month execution period followed by 15 years of maintenance, marking the company's entry into large-scale grid BESS projects.
SPML Infra Limited submitted the Scrutinizer's Report for its postal ballot concluded on May 3, 2026. Shareholders approved resolutions regarding material related party transactions with JWIL Infra Ltd and director remuneration for Mr. Tharuvai Venugopal Rangaswami with requisite majority. The voting was conducted entirely through remote e-voting.
SPML Infra Limited has scheduled an Extra-ordinary General Meeting for May 16, 2026. Shareholders will vote on the preferential issuance of 3,09,141 equity shares and 95,39,449 warrants to promoters and non-promoters for fresh capital infusion. Additionally, the company seeks to convert an existing loan from NARCL into 3,84,858 equity shares.
SPML Infra Limited has convened an EGM for May 16, 2026, to approve a ₹196.10 Crore fundraise. The plan includes issuing equity shares and warrants to promoter and non-promoter groups, and converting an existing NARCL loan into equity. Proceeds will fund BESS capacity expansion and working capital requirements.
SPML Infra Limited approved a ₹190.34 Crore fundraise through preferential issuance of equity shares and warrants to non-promoter investors and NARCL. The Board also approved increasing BESS capacity expansion capex from ₹176.44 Crore to ₹238.43 Crore. An EGM is scheduled for May 16, 2026, to seek shareholder approval for these proposals.
SPML Infra Limited allotted 42,44,844 equity shares at ₹215 per share via a preferential issue, raising ₹91.26 Crore. The allotment was made to 18 investors, increasing the company's paid-up share capital to ₹16.78 Crore.
SPML Infra Limited allotted 42,44,844 equity shares following the conversion of warrants. The shares were issued at Rs. 215 each, representing a total value of ₹91.26 Crore. Allottees include both promoter group entities and public investors.
SPML Infra Limited has scheduled a Board Meeting for April 23, 2026, to consider fund raising via a preferential issue. The company's trading window is closed from April 1, 2026, until June 2, 2026, following the meeting.
SPML Infra Limited has scheduled a board meeting for April 23, 2026, to consider a fund-raising proposal via preferential issue. The company's trading window is closed from April 1, 2026, until June 2, 2026, for designated persons.
SPML Infra Ltd will hold a Board Meeting on April 23, 2026, to consider and approve various fund-raising options and the allotment of equity shares. The move aims to strengthen the company's capital base. Detailed proposals will be disclosed following the meeting's outcome.
SPML Infra presents a strategic pivot towards Battery Energy Storage Systems (BESS) alongside its core water management business, supported by debt resolution and promoter-backed capital infusion.
SPML Infra Limited submitted its Structured Digital Database (SDD) compliance certificate for the quarter ended March 31, 2026. Issued by MT & Co., the certificate confirms the company maintains a non-tamperable database to track unpublished price-sensitive information (UPSI) in accordance with SEBI PIT Regulations.
SPML Infra Limited has allotted 8,50,000 equity shares at ₹215 per share via a preferential issue. The transaction, valued at ₹18.28 Crore, increased the company's paid-up share capital to ₹15.93 Crore. This issuance strengthens the company's capital base following board approval in August 2024.
SPML Infra Limited allotted 8,50,000 equity shares at ₹215 per share (totaling ₹18.28 Crore) to Niral Enterprises Pvt Ltd, a promoter group entity. This allotment follows the conversion of 8,50,000 warrants and strengthens the company's equity capital base.
