1. Jalna-Nanded Expressway order - A ₹281 cr construction order from the holding company for a Maharashtra expressway connector was received on 19 December 2025, with execution within 24 months. At roughly 3.5x the company's TTM revenue of ₹81 cr, this single contract locks in a step-change in scale through FY28.
2. Gujarat eight-lane expressway order - A second construction order worth ₹62.77 cr, also from the holding company, was received on 19 December 2025 with a 12-month execution timeline. It adds near-term revenue that alone is roughly 0.8x TTM revenue, filling the order book while the larger Jalna project ramps up.
3. Advance for a one-time acquisition - An advance of ₹81 cr was paid to Roadway Solutions Precast Concrete Pvt Ltd for an acquisition expected to close during FY27, with price to be set after due diligence and valuation. At nearly a quarter of the current market cap, the transaction signals a sizeable asset injection that could materially reshape the balance sheet.
4. Parent arbitration award unlocks liquidity - The Supreme Court directed NHAI to deposit 50% of a ₹1,020 cr award (plus ₹1,198 cr interest) in the Vadodara-Mumbai Expressway arbitration, with the holding company permitted to withdraw that half against a bank guarantee. Though Soma Textiles is not a party, a large cash inflow at the promoter level removes a potential funding constraint for future related-party orders.