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Patel Engineering Ltd — Regulatory Filings 2026
May 27, 2026
60771_rns_2026-05-27_2c267ae4-ef54-4007-9391-b887ec88b780.pdf
Regulatory Filings
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Patel
PATEL ENGINEERING LTD.
CIN: L99999MH1949PLC007039
May 27, 2026
To,
Bombay Stock Exchange Ltd.,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001
The National Stock Exchange of India Ltd.
Exchange Plaza,
Bandra-Kurla Complex,
Mumbai - 400 051
Company Code No. 531120
Company Code: PATELENG
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015
Pursuant to the provisions of Regulation 30 read with sub-para 20, Para A, Part A, Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 ("Listing Regulations"), we hereby submit the disclosure regarding action taken by a regulatory authority.
The details, as required pursuant to Para A of Part A of Schedule III read with SEBI Master Circular bearing No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed below.
Kindly take the aforesaid on record.
Thanking you,
Yours faithfully
For Patel Engineering Ltd.
SHOBHA
RANJIT SHETTY
Digitally signed by
SHOBHA RANJIT SHETTY
Date: 2026.05.27
18:18:12 +05'30'
Shobha Shetty
Company Secretary
Membership No. F10047
Encl: As above
REGD. OFFICE:
Patel Estate Road, Jogeshwari (W), Mumbai – 400 102. India
Phone +91 22 26767500, 26782916 Fax +91 22 26782455, 26781505
Email [email protected] Website www.pateleng.com
Patel
PATEL ENGINEERING LTD.
CIN: L99999MH1949PLC007039
Details under Regulation 30 of Listing Regulations read with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026:
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Name of the Authority | Public Procurement Monitoring Office, Government of Nepal |
| 2. | Nature and Details of the action(s) taken or order(s) passed | Public Procurement Monitoring Office, Government of Nepal has published a Information on their web-site blacklisting with Start Date as 27.05.2026 and End Date as 26.05.2029 with details as RAMAN PATEL J.V. with Joint Venture Partners Patel Engineering Limited (the Company) and Raman Construction Private Limited (Raman). |
| 3. | Date of receipt of Direction or order, including any ad-interim or interim orders, or any other Communication from the authority | Order published on May 27, 2025 at the website of Public Procurement Monitoring Office, Government of Nepal. |
| 4. | Details of the violation(s)/contravention(s) committed or alleged to be committed | The Company entered into a Joint Venture Agreement with Raman for the purposes of bidding and for execution of the Project (Sunkoshi Marin Diversion Multipurpose Project, Lot- 1) of the Ministry of Energy, Department of Water Resources and Irrigation, Government of Nepal. |
| The Company holds 35% in the JV and Raman is the lead partner and holds 65%. | ||
| Disputes arose between the JV and the employer with respect to their respective obligations. Pursuant to which the contract was terminated and the JV was blacklisted. The issue with respect to all the disputes are pending adjudication and the same remains sub-judice. | ||
| 5. | Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible | All project execution activities were the domain and responsibility of Raman, the lead partner of the JV. Hence there is no material impact on the financials and operations. |
REGD. OFFICE:
Patel Estate Road, Jogeshwari (W), Mumbai – 400 102. India
Phone +91 22 26767500, 26782916 Fax +91 22 26782455, 26781505
Email [email protected] Website www.pateleng.com