Expo Engineering and Projects Ltd said in a BSE filing dated August 11, 2026, that it received a work order from Indian Oil Corporation Limited on August 10. The Expo Engineering work order, valued at Rs 18.51 crore inclusive of taxes, was awarded in the normal course of business.

The order has been placed by Indian Oil Corporation Limited's Pipelines Division, Western Region Pipelines, Rajkot. Indian Oil is identified in the disclosure as a domestic entity.

Order covers crude oil storage tank work

The contract covers maintenance and inspection work for crude oil storage tank W-08 at WRPL, Viramgam. According to the filing, the terms and conditions will be governed by the formal contract with Indian Oil Corporation Limited, Rajkot.

  • Order value: Rs 18,51,28,481.44, inclusive of GST at 18%
  • Nature of work: Maintenance and inspection of crude oil storage tank W-08
  • Project location: WRPL, Viramgam
  • Execution period: 11 months from the date of site clearance
  • Awarding entity: Indian Oil Corporation Limited, Western Pipelines

The 11-month execution period will begin after site clearance is provided by the engineer-in-charge through a specific notice, the company said.

Company discloses related-party position

Expo Engineering stated that its promoter, promoter group and group companies do not have any interest in the entity that awarded the contract. It also marked the question of whether the order falls within related-party transactions as not applicable.

The Mumbai-based company submitted the disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Expo Engineering and Projects Ltd was formerly known as Expo Gas Containers Ltd and is listed on the BSE under scrip code 526614.

Source: BSE corporate announcement.