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Shashijit Infraprojects Limited Interim / Quarterly Report 2026

May 30, 2026

62022_rns_2026-05-30_70c551d7-a1ef-423d-a4e4-f4f21786276a.pdf

Interim / Quarterly Report

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SHASHIJIT INFRAPROJECTS LIMITED

Construction Engineers

ISO 9001:2015 Certified

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Saturday, 30th May, 2025

To,

The Department of Corporate Services,

BSE Limited,

Phiroze Jeejeebhoy Towers,

Dalal Street,

Mumbai-400001

Scrip Code : 540147

Security ID : SHASHIJIT

Sub : Outcome of Board Meeting held on Saturday, 30th May, 2026

Ref : Regulation 30 of SEBI (LODR) Regulations, 2015

Dear Sir/Madam,

In continuation of our letter dated 23rd May, 2026, this is to inform that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors at its meeting held on Saturday, 30th May, 2026, have, inter alia:

1) Approved the Audited Standalone Financial Results for the quarter and year ended 31st March, 2026.

Pursuant to Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find the enclosed Audited Standalone Financial Results for the quarter and year ended March 31, 2026 duly approved by the Board of Directors along with report of the Auditors and the declaration for un-modified opinion for your records.

The meeting of the Board of Directors commenced at 05:00 PM and concluded at 07:15 PM.

The above information is also available on the website of the Company i.e. www.shashijitinfraprojects.com.

We request you to take the above on record and disseminate the same on your website.

Yours Faithfully,

For SHASHIJIT INFRAPROJECTS LIMITED

NEHA MEWARA
Digitally signed by NEHA MEWARA
Date: 2026.05.30 20:21:13 +05'30'

(Neha Mewara)
Company Secretary and Compliance Officer
M. No. A39706 of ICSI

Encl. as above

Registered & Corporate Office:

Plot No. 209, Shop No. 23, 2nd Floor,

Girnar Khushboo Plaza, GIDC,

Vapi-396195, Gujarat, India.

T : +912602432963, 7878660609

E : [email protected]

W: www.shashijitinfraprojects.com

CIN: L45201GJ2007PLC052114


KAKARIA AND ASSOCIATES LLP

CHARTERED ACCOUNTANTS

UJWAL K. KAKARIA B. Com., B.L., F.C.A.

SUBHASH S. KOTADIA B. Com. (HONS.) F.C.A.

JAIPRAKASH H. SHETHIYA B. Com., F.C.A.

AMAR J. BHANUSHALI B. Com., D.T.M., F.C.A.

VINAYAK P. BAFANA B. Com., F.C.A.

DATE:

INDEPENDENT AUDITOR'S REPORT TO THE BOARD OF DIRECTORS OF SHASHIJIT INFRAPROJECTS LIMITED

Report on the audit of the Standalone Financial Results

Opinion

We have audited the accompanying standalone financial results of SHASHIJIT INFRAPROJECTS LIMITED (“the company”) for the quarter and year ended 31st March, 2026, attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us these Standalone financial results:

i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and

ii. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India of the net loss and other comprehensive income and other financial information for the quarter ended March 31, 2026 as well as the year ended March 31, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

"KAKARIA'S Excellenza"

Royal Fortune Complex, Daman Road, Chala, Vapi-396191

Phone: +91 9512004623 to 34. Email: [email protected], Website: www.kakariaassociates.com


Management's Responsibilities for the Standalone Financial Results

These quarterly financial results as well as the yearly standalone financial results have been prepared on the basis of the Standalone financial statements. The Company's Board of Directors are responsible for the preparation of these financial results that give a true and fair view of the net loss and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standard prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the standalone financial results, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the standalone financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:


  • Identify and assess the risks of material misstatement of the standalone financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

  • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.

  • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

  • Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 of the Listing Regulations.

  • Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

  • Evaluate the overall presentation, structure and content of the standalone financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.


Other Matters

The Statement includes the results for the quarter ended 31st March, 2026 being the balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year which were subjected to limited review by us.

For, KAKARIA AND ASSOCIATES LLP

Chartered Accountants
FRN No 104558W/W100601

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JAIPRAKASH H. SHETHIYA
(Partner)
Membership No. 108812
Place: VAPI
Date: 30/05/2026
UDIN: 26108812ZFNITA3473

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SHASHIJIT INFRAPROJECTS LTD

STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST OF MARCH-2026

CIN: L45201GJ2007PLC052114

[Rs. In Hundred.]

Particulars As at 31st March, 2026 As at 31st March,2025
I ASSETS
1. Non-current assets
(a) Property, plant and equipment 8,06,025 7,82,484
(b) Capital work-in-progress - -
(c) Right of Use Assets - -
(d) Other intangible assets - -
(e) Financial assets - -
(i) Trade Receivables - -
(ii) Other financial assets - -
(f) Deferred tax assets (net) 1,36,023 1,08,633
(g) Other non-current assets 93,051 47,887
Sub-total - Non-Current Assets 10,35,098 9,39,004
2. Current assets
(a) Inventories 13,04,015 11,83,707
(b) Financial assets - -
(i) Investments 930 853
(ii) Trade receivables 8,38,021 6,88,537
(iii) Cash and cash equivalents 3,828 18,307
(iv) Bank balances other than Cash and Cash equivalents above 84 84
(v) Other financial assets 48,555 83,471
(c) Other current assets 4,38,109 4,46,450
(d) Assets classified as held for sale - -
Sub-total - Current Assets 26,33,542 24,21,408
TOTAL - ASSETS 36,68,641 33,60,412
I EQUITY AND LIABILITIES
Equity
(a) Equity Share capital 14,53,440 14,53,440
II (b) Other equity 93,605 40,990
Sub-total - Shareholders' funds 15,47,045 14,94,430
LIABILITIES
1. Non-current liabilities
(a) Financial liabilities - -
(i) Borrowings - 1,14,211
(ii) Lease Liabilities - -
(b) Provisions 11,874 12,815
(c) Other non-current liabilities - -
Sub-total - Non-current liabilities 11,874 1,27,026
2. Current liabilities
(a) Financial liabilities
(i) Borrowing 9,15,406 7,62,011
(ii) Trade payables - -
(I) Total Outstanding dues to Micro, Small and Medium Enterprises 88,806 69,840
(II) Total Outstanding dues Other Than to Micro, Small and Medium Enterprises 8,88,942 7,01,667
(iii) Lease Liabilities - -
(b) Other current liabilities 1,89,610 1,94,538
(c) Provisions 26,958 10,901
(d) Current tax liabilities (net) - -
Sub-total - Current liabilities 21,09,722 17,38,957
TOTAL - EQUITY AND LIABILITIES 36,68,641 33,60,412

For Shashijit Infraprojects Limited

AJIT D. JAIN
(Chairman & Managing Director)
DIN: 01846992

Place: Vapi
DATE: 30/05/2026

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SHASHIJIT INFRAPROJECTS LIMITED
CIN: L45201GJ2007PLC052114
STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31st March, 2026
(Rs In Hundred)
Sr. No. Particulars QUARTER ENDED YEAR ENDED
31st March, 2026 31st Dec, 2025 31st March, 2025 31st March-2026 31st March, 2025
INR INR INR INR INR
Audited Unaudited Audited Audited Audited
1 Revenue
c) Revenue from operation 6,65,189 3,94,559 5,48,230 23,44,443 22,87,474
b) Other income 21,324 33,694 3,060 56,612 19,558
Total Revenue (a+b) 6,86,514 4,28,253 5,51,290 24,01,056 23,07,031
2 Expenses
c) Cost of material consumed 3,25,717 2,42,243 3,87,154 11,45,933 11,72,977
b) Change In Inventory (2,326) (1,14,997) 3,046 (1,23,927) 11,716
c) Employee benefits expenses 35,435 40,927 53,973 1,67,731 1,99,846
d) Finance costs 20,161 18,997 20,975 70,956 88,713
e) Depreciation and amortization expenses 21,721 22,287 20,145 86,939 79,042
f) Other expenses 2,91,600 2,10,134 3,63,726 10,27,263 11,23,861
Total Expenses 6,92,308 4,19,591 8,49,019 23,74,896 26,76,156
3 Profit/(Loss) from ordinary activities before Exception Item and tax (1-2) (5,795) 8,662 (2,97,729) 26,160 (3,69,124)
4 Exceptional Items - - - - -
5 Profit/(Loss) before tax (3-4) (5,795) 8,662 (2,97,729) 26,160 (3,69,124)
6 Total Tax expense: - - - - -
Current tax - - 16,653 - -
Deferred tax credit 41,977 (19,684) 93,299 28,607 48,816
Tax Expenses Related to Prior Period - - 9,726 (5,771) 9,726
7 Net Profit/(Loss) from the period (5-6) 36,183 (11,022) (1,78,051) 48,996 (3,10,582)
8 Other comprehensive income
(A) Items that will not be reclassified to profit or loss
(a) (i) Remeasurment gains/(loss) on defined benefit plans (Refer Note 33) 2,890 1,500 (1,163) 4,835 (297)
9 (ii) Income Tax Relating to above (1,706) 378 293 (1,217) 75
Total other comprehensive income 1,184 1,878 (870) 3,618 (222)
10 Total comprehensive income (7+9) 37,366 (9,144) (1,78,921) 52,614 (3,10,804)
11 Paid up equity share capital (Face value of Rs. 2/- each) 14,53,440 14,53,440 14,53,440 14,53,440 14,53,440
12 Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year 40,990 40,990 85,704 40,990 85,704
13 Earnings per equity share
(i) Basic 0.050 (0.015) (0.334) 0.067 (0.582)
(ii) Diluted 0.050 (0.015) (0.334) 0.067 (0.582)

For Shashijit Infraprojects Limited

AJIT D. JAIN
(Chairman & Managing Director)
DIN: 01846992

Place: Vapi
DATE: 30/05/2026

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SHASHIJIT INFRAPROJECTS LTD
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2026
CIN: L45201GJ2007PLC052114
Sr. No. Particulars YEAR ENDED
31st March, 2026 YEAR ENDED
31st March, 2025
(Rs. In Hundred) (Rs. In Hundred)
A CASH FLOW FROM OPERATING ACTIVITIES
Net profit before Tax as per Statement of Profit & Loss 26,160 (3,69,124)
Adjustment For:
Depreciation 86,939 79,042
Finance costs 70,956 88,713
Interest Income (2,724) (4,529)
Dividend Income (40) (46)
Sundry balance written back (53,731) (212)
Unrealised Gain/(Loss) on Investments at FVTPL (77) -
Provision for Gratuity and other long Term Provision 5,667 3,445
Profit On Sale of Immovable Property - (14,771)
Loss On sale of Plant & Machinery 12,736 -
Operating profit before working capital changes 1,45,885 (2,17,481)
Adjustment for:
(Increase) / Decrease in Trade Receivable (1,49,484) 1,35,243
(Increase) / Decrease in Inventories (1,20,308) 71,687
(Increase) / Decrease in Other current assets 30,236 (25,106)
(Increase) / Decrease in Other non- current Assets 1,410 99,443
(Increase) / Decrease in Trade payables 2,59,972 (2,09,147)
(Increase) / Decrease in Other current liabilities (4,928) (1,04,852)
(Increase) / Decrease in short term provision 16,058 2,753
(Increase) / Decrease in Non Current Lease Liabilities - (41,145)
(Increase) / Decrease in Other long term provision (1,772) (756)
31,183 (71,878)
CASH GENERATED FROM OPERATIONS 1,77,068 (2,89,360)
Income Tax - -
Direct Taxes Paid (Refund) [Net] (52,345) (45,620)
Cash Flow Before Extra Ordinary Items 1,24,723 (3,34,980)
Extra Ordinary Items - -
Previous Year Adjustments - 9,726
Net Cash from Operating Activities 1,24,723 (3,25,254)
B CASH FLOW FROM INVESTMENT ACTIVITIES
Purchase of Tangible & Intangible Assets (1,28,215) (1,06,168)
Loss from Discontinuing operations - -
Interest income 524 3,694
Dividend income 40 46
Short Term Loans & Advances 1,200 2,838
Long Term Loans & Advances - -
Purchase of Investments - (6)
FD Purchase/ Sale 14,022 (12,000)
Sale of Immovable Property - 1,06,010
Sale of Plant & Machinery 5,000 -
Net Cash used in Investing Activities (1,07,429) (5,586)

C CASH FLOW FROM FINANCING ACTIVITIES
Repayment of Borrowings - (1,16,920)
Finance costs (63,589) (88,713)
Proceeds from Issue of Equity Shares - 6,85,130
Proceeds from Short Term Borrowing (Net Off) 31,816 (1,34,262)
Net Cash used in Financing Activities (31,773) 3,45,235
NET INCREASE IN CASH AND CASH EQUIVALENTS (A+B+C) (14,479) 14,395
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 18,390 3,996
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR( Refer Note No.17) 3,912 18,390
(14,478) 14,395
The cash flow statement has been prepared as per indirect method

For Shashijit Infraprojects Limited

AJIT D. JAIN

(Chairman & Managing Director)

DIN: 01846992

Place: Vapi

DATE: 30/05/2026

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SHASHIJIT INFRAPROJECTS LIMITED

Construction Engineers

ISO 9001:2015 Certified

NOTES:

  1. The above Standalone Financial Results of the Company have been reviewed and recommended by Audit Committee and approved by the Board of Directors in their respective meeting held on 30th May, 2026.

  2. The above Financial Results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (IND AS) as amended, prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder.

  3. The figures for the quarter ended 31st March, 2026 are the balancing figures between the audited figures in respect of the full financial year ended 31st March, 2026 and the published year-to-date figures up to the nine months ended 31st December, 2025

  4. The financial results for the year ended 31st March, 2026 have been subjected to audit by the Statutory Auditor of the Company. The Statutory Auditor of the Company has issued unmodified report on the audited financial results for the quarter and year ended on 31st March, 2026 which was also reviewed and taken on record by Audit Committee and Board in their respective meeting held on 30th May, 2026.

  5. The figures for the corresponding previous periods have been reclassified/regrouped/re-arranged, wherever required to make them comparable with the figure of current periods.

  6. The Company is engaged in the business of Construction & Engineering and related/allied activities. The Company operates in India only, which is considered a single geographical segment.

  7. The Company does not have any subsidiary, associate or joint venture. Therefore, it has prepared only standalone results.

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Registered & Corporate Office:

Plot No. 209, Shop No. 23, 2nd Floor,

Girnar Khushboo Plaza, GIDC,

Vapi-396195, Gujarat, India.

T : +912602432963, 7878660609

E : [email protected]

W: www.shashijitinfraprojects.com

CIN: L45201GJ2007PLC052114


SHASHIJIT INFRAPROJECTS LIMITED

Construction Engineers

ISO 9001:2015 Certified

  1. Statement of Standalone Assets and Liabilities as on 31st March, 2026 and statement of standalone cash flow for the financial year ended 31st March, 2026 are enclosed herewith.
  2. There are no investor complaints received/pending as on 31st March, 2026.
  3. The aforesaid financial results will be uploaded on the Company's website www.shashijitinfraprojects.com and will also be available on the website of BSE LIMITED for the benefit of Investors and Shareholders.

For SHASHIJIT INFRAPROJECTS LIMITED

(AJIT JAIN)

CHAIRMAN & MANAGING DIRECTOR

DIN: 01846992

img-6.jpeg

Date : 30th May, 2026

Place : Vapi

Registered & Corporate Office:

Plot No. 209, Shop No. 23, 2nd Floor,

Girnar Khushboo Plaza, GIDC,

Vapi-396195, Gujarat, India.

T : +912602432963, 7878660609

E : [email protected]

W: www.shashijitinfraprojects.com

CIN: L45201GJ2007PLC052114


SHASHIJIT INFRAPROJECTS LIMITED

Construction Engineers

ISO 9001:2015 Certified

Saturday, 30th May, 2026

To,

BSE Limited,

Phiroze Jeejeebhoy Towers,

Dalal Street,

Mumbai-400001

Scrip Code : 540147

Security ID : SHASHIJIT

Sub : Declaration pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")

Dear Sir/Madam,

Pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, We do hereby confirm that the Auditors of the Company, M/s Kakaria and Associates LLP, Chartered Accountants have expressed an unmodified opinion in their Auditor's Report on Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026.

Kindly take the same on your record.

Yours faithfully,

For SHASHIJIT INFRAPROJECTS LIMITED

img-7.jpeg

(Ajit Jain)

Chairman & Managing Director

DIN: 01846992

img-8.jpeg

(Ishwar Patil)

Chief Financial Officer

img-9.jpeg

Registered & Corporate Office:

Plot No. 209, Shop No. 23, 2nd Floor,

Girnar Khushboo Plaza, GIDC,

Vapi-396195, Gujarat, India.

T : +912602432963, 7878660609

E : [email protected]

W: www.shashijitinfraprojects.com

CIN: L45201GJ2007PLC052114


SHASHIJIT INFRAPROJECTS LIMITED

Construction Engineers

ISO 9001:2015 Certified

Saturday, 30th May, 2026

To,

BSE Limited,

Phiroze Jeejeebhoy Towers,

Dalal Street,

Mumbai-400001

Scrip Code : 540147

Security ID : SHASHIJIT

Sub : Details in reference to the SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172, dated 19th October, 2023

Dear Sir,

With reference to the above referred SEBI circular, we hereby declare and confirm that, we are not falling under Large Corporate Category as on 31st March, 2026, as per the framework and applicability criteria given under the aforesaid circular and therefore compliance under the aforesaid circular is not applicable to the Company.

The relevant details as per the said circular is given below: -

Sr. No. Particulars Details
1. Outstanding Qualified Borrowings at the start of the financial year (Rs. In Cr) Nil
2. Outstanding Qualified Borrowings at the end of the financial year (Rs. In Cr) Nil
3. Highest credit rating of the company relating to the unsupported bank borrowings or plain vanilla bonds, which have no structuring/ support-built in. NA
4. Incremental borrowing done during the year (qualified borrowing) (Rs. In Cr) Nil
5. Borrowings by way of issuance of debt securities during the year (Rs. In Cr) Nil

Kindly acknowledge and take the same on your records.

Thanking you

For SHASHIJIT INFRAPROJECTS LIMITED

img-10.jpeg

img-11.jpeg

Registered & Corporate Office:

Plot No. 209, Shop No. 23, 2nd Floor,

Girnar Khushboo Plaza, GIDC,

Vapi-396195, Gujarat, India.

T : +912602432963, 7878660609

E : [email protected]

W: www.shashijitinfraprojects.com

CIN: L45201GJ2007PLC052114