Sanmit Infra Ltd's subsidiary, Sanmit Truevalue Infraprojects, has won a Rs 3.16 crore road contract from ARPI Infratec. The project involves 200,000 square meters of micro surfacing work in Solapur, scheduled for completion between November 2026 and January 2027.
Sanmit Infra Subsidiary Wins Rs 3.16 Crore Road Contract
Order Value: Rs 3.16 Crore | Scope: 200,000 SQMT Road Surface
Reader Takeaway: A clear revenue stream from a new contract, though execution over a tight two-month window remains critical.
What just happened
Sanmit Infra Ltd has announced that its subsidiary, Sanmit Truevalue Infraprojects Private Limited, has been awarded a work order for micro surfacing road work. The project was granted by M/s. ARPI Infratec for a contract value of Rs 3.16 crore, inclusive of GST. The work involves a total surface area of 200,000 square meters located on the HAM PN-53 road in Solapur, specifically spanning from the District Border to Mungashi Aran Karakamb Pandharpur Road.
Why this matters
The contract secures a defined revenue stream for the subsidiary and showcases the company's operational capacity in highway infrastructure maintenance. The project is set to run from November 7, 2026, to January 5, 2027. Financially, the agreement includes a mobilization advance of Rs 20 lakh, with a 5% retention fee deducted from each bill, which will be released following the completion of a 24-month Defect Liability Period.
Scope Responsibilities
The contract delineates specific roles for the partners involved:
- Sanmit Truevalue Infraprojects: Responsible for the supply of machinery, manpower, and materials such as aggregate, emulsion, cement, and additives, along with the execution of the project and necessary safety testing.
- ARPI Infratec: Responsible for local site issues, traffic management, roadside maintenance, pothole filling, and adjustments related to bitumen price escalation.
What to track next
Investors should keep an eye on the project’s execution timeline over the designated two-month window. The company has confirmed there is no related-party interest between its promoter group and ARPI Infratec, ensuring the transaction is conducted on an arm’s-length basis.
