Univastu India Wins ₹485.67 Crore Mumbai Metro Line 6 Power & E&M Contract from IRCON, Adds 7-Year Lifecycle Maintenance Scope

Mumbai, February 25, 2026: Univastu India Limited (NSE: UNIVASTU) has secured a major infrastructure contract worth ₹4,85,67,40,122.15, approximately ₹485.67 crore, along with €2,679,469.73, for critical systems work on Mumbai Metro Line 6. The company received a Letter of Acceptance dated February 24, 2026, from IRCON International Limited for the execution of power supply, traction, and E&M systems for the Swami Samarth Nagar to Vikhroli (EEH) corridor.
The development comes as Univastu India’s shares surged 12.57 percent to ₹71.00 on February 25, reflecting strong investor interest following the order win.

Contract Details and Scope of Work​

The awarded project covers:

• Design, manufacture, supply, installation, integration, testing, and commissioning of power supply systems, excluding two RSS units and associated works
• Traction systems
• Electrical and mechanical works
• Lifts and escalators
• Five years of comprehensive maintenance after a two-year defect liability maintenance period

The total contract consideration stands at:
The order strengthens Univastu India’s position in the metro rail infrastructure segment and adds to its existing order book in system-based urban transport projects. The inclusion of a long-term maintenance component enhances revenue visibility over the medium to long term, subject to project execution milestones.

Execution Timeline​

The project is structured under a defined execution schedule:
The total engagement spans a multi-year lifecycle, reflecting both construction and operations-linked revenue streams.

Market Reaction​

As of 12:17 PM IST on February 25, 2026, Univastu India shares were trading at ₹71.00, up ₹7.93 or 12.57 percent for the day. The stock recorded an intraday high of ₹75.68 and a low of ₹62.50, indicating heightened trading activity following the announcement.

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