BSECompany Update3d ago · 2 Sept 2026, 12:53 pm

Sugs LLoyd Wins Rs. 214.27 Crore Orders from TPSODL and TPWODL for Three-Year Distribution Network maintenance Contracts in Odisha.

Sugs Lloyd Ltd · 544501

✦ AI Summary▲ PositiveOrder Win

Sugs Lloyd Limited has received Letters of Intent (LOIs) aggregating ₹214.27 crore from TP Southern Odisha Distribution Limited (TPSODL) and TP Western Odisha Distribution Limited (TPWODL) for distribution network maintenance and allied works in Odisha. The contracts will be executed over a three-year period from 1 October 2026 to 30 September 2029.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment9/10

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Sugs Lloyd Ltd - 544501 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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SUGS LLOYD LIMITED ( Formerly ) SUGS LLOYD PRIVATE LIMITED) ISO 9001: 2015 CERTIFIED Corporate Office: 2nd Floor Logix Park, Plot No A4 and 5 Sector 16, Noida, Uttar Pradesh, India, 201301 E mail: compliance@sugslloyds.com Website: www.sugslloyds.com Date: 02nd September, 2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001. Scrip Code: 544501 Symbol: SUGSLLOYD Sub: Sugs Lloyd Wins ₹214.27 Crore Orders from TPSODL and TPWODL for Three-Year Distribution Network Maintenance Contracts in Odisha Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) Subject: Submission of Press Release Dear Sir/Madam, With reference to the provisions of Regulation 30 of SEBI Listing Regulations, please find enclosed herewith the Press Release issued by Sugs Lloyd Limited on the cited subject, contents of which are self-explanatory. We request you to take the same on record. Thanking you, Yours faithfully, For SUGS Lloyd Limited Nimmy Singh Chauhan Company Secretary cum Compliance Officer Place: Noida Encl.: as above CIN: : U74900DL2009PLC194400 Registered office: Office No-8B, CSC-I, Behind Narwana Appartments, New Delhi, India, 110092 Sugs Lloyd Wins ₹214.27 Crore Orders from TPSODL and TPWODL for Three-Year Distribution Network Maintenance Contracts in Odisha Noida, 2 September 2026: Sugs Lloyd Limited (BSE SME: 544501), an EPC company focused on Power Transmission & Distribution, Solar and Smart-Grid solutions, has received Letters of Intent (LOIs) aggregating ₹214.27 crore, including GST, from TP Southern Odisha Distribution Limited (TPSODL) and TP Western Odisha Distribution Limited (TPWODL) for distribution network maintenance and allied works in Odisha. The contracts will be executed over a three-year period from 1 October 2026 to 30 September 2029. The order win marks an important step in Sugs Lloyd’s strategy to build a larger and more predictable recurring-revenue base alongside its traditional EPC business. Unlike milestone-driven EPC projects, network maintenance contracts provide regular monthly revenue over the contract period, offering greater revenue visibility and continuity. Following these orders, the Company's contracted network-maintenance revenue in Odisha is expected to increase to approximately ₹60 crore annually, compared with around ₹12 crore currently. MANAGEMENT PERSPECTIVE Mr. Santosh Kumar Shah, Managing Director & Promoter, Sugs Lloyd Limited, said: “We are pleased to have secured these significant distribution network maintenance mandates from TPSODL and TPWODL. Beyond the order value, we see these contracts as strategically important for the evolution of our business mix. The three-year nature of these contracts provides us with a meaningful base of recurring and predictable revenue, while the relatively faster payment cycle associated with such maintenance contracts can also support better working-capital management and cash-flow visibility. Sugs Lloyd has been working with the Tata Power distribution utilities in Odisha since 2021, and these orders further strengthen that relationship and demonstrate our execution capabilities in the state. We believe the experience gained through these engagements provides a strong foundation for scaling our network-maintenance business. Importantly, we see an opportunity to replicate this business model across other states, particularly in markets where distribution utilities are increasing their focus on network maintenance, system strengthening and loss reduction. Our objective is to progressively build a meaningful recurring-revenue portfolio alongside our established EPC business. These orders also contribute to the geographical diversification of our order book, which has been significantly weighted towards other states. Expanding our presence across additional states will remain an important part of our growth strategy.” The latest orders further strengthen Sugs Lloyd’s presence in the operations and maintenance segment of the power distribution ecosystem. The Company believes that the growing focus of distribution utilities on network reliability, strengthening and reduction of technical and commercial losses can create sustained opportunities for specialised maintenance and allied services. ABOUT SUGS LLOYD LIMITED Sugs Lloyd Limited is an EPC company engaged in Power Transmission & Distribution, Solar and Smart-Grid solutions across India. Established in 2009 and listed on the BSE SME platform in September 2025, the Company has developed capabilities across transmission and distribution, solar EPC execution, loss-reduction hardware and grid-automation systems. The Company serves clients including NTPC, the Tata Power group, Adani Renewables, Indian Railways, Konkan Railways, NBPDCL, SBPDCL, PSPCL, NHAI and NPCL, along with several state distribution utilities. Sugs Lloyd Limited · Press Release · 2 September 2026 Page 1 of 2 DISCLAIMER The awards referred to in this release are Letters of Intent (LOIs) and the definitive contracts are yet to be executed. The final terms and conditions of the executed contracts shall govern the respective engagements. This press release may contain forward-looking statements concerning the Company's business, growth prospects and future performance. Such statements are subject to various risks and uncertainties, including regulatory and government actions, execution risks, order-book conversion, working-capital and receivable cycles, market conditions and other factors. Actual results may differ materially from those expressed or implied. The Company undertakes no obligation to publicly update or revise any forward-looking statements. This release does not constitute an offer to sell or a solicitation of an offer to purchase any securities. Sugs Lloyd Limited · Press Release · 2 September 2026 Page 2 of 2