EMS Gets ₹129.80 Crore Jodhpur Sewerage LOA; Shares Fall 1.17%

Mumbai, October 8: EMS Limited has received a Letter of Award from the Municipal Corporation Jodhpur for sewerage work in Jodhpur City under the Amrut 2.0 programme, with the estimated order value at ₹129.80 crore including GST.

According to the exchange filing, the Letter of Award follows EMS Limited’s earlier Lowest Bidder (L-1) status for the tender. The project involves laying new sewer lines in left-out areas and redesigning and rejuvenating old and damaged sewer lines and the lateral sewerage system in Jodhpur City.

The contract also includes one year of defect liability along with 10 years of operation and maintenance under the Amrut 2.0 programme. The execution period for the main work is 24 months.

Stock Market Snapshot

The EMS share price stood at ₹325.10 as of 2:46:53 PM IST on October 8, 2026, according to the market data.

The stock was down ₹3.85, or 1.17%, at the time. Shares remained under pressure through much of the session, although they recovered from the day’s lower levels during the afternoon before easing again towards ₹325.

The decline came on the same day that EMS disclosed receipt of the Jodhpur Municipal Corporation Letter of Award.

Jodhpur Project Covers Sewer Network Rehabilitation

The order is being awarded by the Municipal Corporation Jodhpur and is classified as a domestic contract. The disclosed order value is ₹12,980.13 lakh, or approximately ₹129.80 crore, including GST but excluding the operation and maintenance component.

The project will address areas where sewerage infrastructure is either absent or requires rehabilitation. Alongside new sewer line construction, EMS will undertake redesign and rejuvenation of existing old and damaged sewer lines and the lateral sewerage network.

The company said there is no interest of its promoter or promoter group in the awarding entity. The contract also does not fall under related-party transactions.

EMS Expands Urban Water Infrastructure Order Book

The Jodhpur contract adds another municipal infrastructure project to EMS Limited’s portfolio under the government’s Amrut 2.0 programme. The longer-term O&M component will extend beyond the initial construction period, with 10 years of operations and maintenance specified in the award.

The company had previously disclosed its L-1 status for the tender on August 17, 2026. The latest Letter of Award moves the project to the awarded-contract stage.

Conclusion

The ₹129.80 crore Jodhpur sewerage project gives EMS Limited a new urban water infrastructure contract covering sewer construction, rehabilitation and related network works.

With 24 months earmarked for execution, followed by the stated defect liability and 10-year O&M period, the award adds both construction activity and a longer-term maintenance component to the company’s project pipeline.

Source:

• https://www.nseindia.com/get-quote/equity/EMSLIMITED/EMS-Limited
• https://nsearchives.nseindia.com/corporate/EMSLIMITED_08102026130838_Intimation_LOA_Jodhpur.pdf