SEPC Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

The acquisition will be undertaken by way of a preferential allotment of 153 crore equity shares of SEPC at an issue price of Rs 10 per share, aggregating to Rs 1,530 crore, to the shareholders of Avenir.

The transaction will be completed without any cash outflow and is expected to conclude by December 2026.

Established in 2011, Avenir International Engineers and Consultants LLC is an engineering and design company serving the oil & gas and other civil infrastructure sectors in the UAE. The company possesses established qualifications with ADNOC and reported a turnover of approximately AED 75.01 million during 2025.

SEPC stated that the proposed acquisition is expected to strengthen the company?s capabilities in the oil & gas sector and significantly enhance its presence across the Middle East.

In addition, the board has approved an increase in the company's authorised share capital from Rs 225 crore to Rs 600 crore, through the creation of additional equity shares, subject to shareholders' approval.

The board has also approved enhancing the limits under for loans, guarantees, securities and investments to Rs 3,000 crore, providing the company with greater financial flexibility to pursue future growth opportunities.

Further, the board has approved increasing the borrowing limits to Rs 7,500 crore, enabling the company to support its expanding business operations and long-term growth plans.

Venkataramani Jaiganesh, managing director, SEPC, said: The proposals approved by the board represent important enablers for SEPC's next phase of growth.

Together, these initiatives reinforce our long-term approach of building a stronger and more diversified engineering enterprise.

SEPC is engaged in providing end-to-end solutions to engineering challenges, offering multidisciplinary design, engineering, procurement, construction, and project management services.

The company?s consolidated net profit jumped 37.03% to Rs 13.73 crore on 132.45% surge in revenue from operations to Rs 273.83 crore in Q4 FY26 over Q4 FY25.

The scrip declined 1.20% to currently trade at Rs 6.6 on the BSE.

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SEPC has announced a series of strategic proposals approved by its Board of Directors, subject to the requisite shareholders' and regulatory approvals. The approved proposals are aimed at strengthening the Company's capital base, enhancing financial flexibility, and expanding its international engineering presence.

A key highlight of the Board's approval is the proposed acquisition of up to 90% equity stake in Avenir International Engineers and Consultants LLC, Abu Dhabi, through a share swap transaction. The acquisition will be undertaken by way of a preferential allotment of 153 crore equity shares of SEPC at an issue price of Rs 10 per share, aggregating to Rs 1,530 crore, to the shareholders of Avenir. The transaction will be completed without any cash outflow and is expected to conclude by December 2026.

Established in 2011, Avenir International Engineers and Consultants LLC is an engineering and design company serving the oil & gas and other civil infrastructure sectors in the UAE. The company possesses established qualifications with ADNOC and reported a turnover of approximately AED 75.01 million during 2025. The proposed acquisition is expected to strengthen SEPC's capabilities in the oil & gas sector and significantly enhance its presence across the Middle East.

In addition, the Board has approved an increase in the Company's Authorised Share Capital from Rs 225 crore to Rs 600 crore, through the creation of additional equity shares, subject to shareholders' approval. The Board has also approved enhancing the limits under for loans, guarantees, securities and investments to Rs 3,000 crore, providing the Company with greater financial flexibility to pursue future growth opportunities.

Further, the Board has approved increasing the borrowing limits to Rs 7,500 crore, enabling the Company to support its expanding business operations and long-term growth plans.

SEPC will hold a meeting of the Board of Directors of the Company on 6 July 2026.

The contract comprises two key packages under the expansion project. The Coke Oven Balance of Plant (BOP) Package ? COB-3, excluding civil and structural works, is valued at Rs 296.77 crore, while the Sinter Plant BOP Package ? SP-2, including civil and structural works, is valued at Rs 376.56 crore.

The aggregate contract value stands at Rs 673.32 crore (excluding taxes). The projects are scheduled to be executed over a period of 30 to 33 months.

The company said, This prestigious order from one of India's largest integrated steel producers reflects SEPC's strong engineering capabilities, execution track record, and growing credibility in delivering complex industrial projects. The win also strengthens the company's order book and underscores its ability to capitalize on the significant investments being made toward capacity expansion and modernization within India's steel sector.

Venkataramani Jaiganesh, Managing Director, SEPC, said: ?This order from SAIL?s IISCO Steel Plant represents a significant milestone for SEPC and highlights the confidence that leading public sector enterprises place in our engineering expertise and project execution capabilities. The project aligns well with our strategy of expanding our footprint in large industrial and process infrastructure projects. India?s steel industry is entering a phase of sustained capacity expansion driven by infrastructure development, manufacturing growth, and the nation?s long-term economic ambitions. We believe this order positions SEPC favourably to participate in this transformation while strengthening our order book and enhancing future revenue visibility.?

SEPC is engaged in providing end-to-end solutions to engineering challenges, offering multidisciplinary design, engineering, procurement, construction, and project management services.

The company?s consolidated net profit jumped 37.03% to Rs 13.73 crore on 132.45% surge in revenue from operations to Rs 273.83 crore in Q4 FY26 over Q4 FY25.

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