Sathlokhar Engineering Limited, a fast-growing player in India’s industrial construction and engineering sector, has announced the receipt of two significant project orders amounting to ₹64 crore combined. The company made this disclosure in line with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring timely and transparent communication to its shareholders and the market.

The first major project has been awarded by M/s. High Glory Footwear India Private Limited, a subsidiary of Taiwan-based Pou Chen Corporation, which is one of the world’s largest footwear manufacturers. The project involves the execution of MEP (Mechanical, Electrical, and Plumbing) works for a proposed factory at Plot No. A-1, SIPCOT Industrial Park (SEZ), located in Mangalampettai, Ulundurpet, Kallakurichi district, Tamil Nadu.

The total value of this initial order is ₹33.71 crore, and the expected project delivery deadline is March 2026. The contract involves complete MEP installation aligned with High Glory’s design and technical specifications. Importantly, no related party transaction is involved in this contract, and the awarding company is a domestic entity.

In its disclosure, Sathlokhar clarified that neither the promoter nor promoter group has any direct or indirect interest in High Glory Footwear, further underscoring the arms-length nature of the transaction.

The second order has been awarded by M/s. MWM Spaces Private Limited, for execution of civil and pre-engineered building (PEB) works at Apollo Tyres’ proposed factory located in Chinnapandur village, Sri City, Andhra Pradesh.

This project, estimated at ₹30.31 crore (inclusive of GST), also has a targeted completion date of March 2026. Similar to the first order, this too has been awarded by a domestic company, and does not fall under any related party transaction. The project will include civil construction along with structural fabrication and erection works tailored to the operational needs of Apollo Tyres.

With the addition of these two prestigious projects, Sathlokhar’s total order book now stands at ₹859.98 crore (excluding GST), significantly enhancing its project pipeline and strengthening its presence in the industrial infrastructure sector.

Both projects will be executed over the next 10 months, reinforcing the company’s growing role in India’s expanding manufacturing and industrial landscape.

This development not only reflects the trust and confidence placed by leading global and domestic clients in Sathlokhar’s capabilities but also highlights the company’s rising competitiveness in managing complex engineering assignments across diverse geographies.

According to the company’s statement, these orders also mark a significant milestone in their operational journey, especially as they continue to tap into the Make in India and infrastructure growth momentum.

The orders are expected to contribute positively to the company’s financial performance for FY2025-26 and support its vision of becoming a leading engineering partner for industrial expansion in India.

The intimation has also been made available on the company’s official website www.sathlokhar.com as per the requirements under the SEBI regulations.

This announcement was signed and authorised by Anil Prasad Sahoo, the Company Secretary and Compliance Officer.

These latest wins are a testament to Sathlokhar’s executional expertise, commitment to quality, and its ability to meet diverse client expectations across sectors like footwear manufacturing and automotive tyre production.

With these projects, Sathlokhar strengthens its order backlog and market positioning, further reinforcing its role as a dependable partner for infrastructure development in India’s industrial growth story.

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