Subhash Projects And Marketing Ltd (SPML), an infrastructure development company in India, has secured an order worth Rs 69.37 crore from the Karnataka Urban Water Supply and Drainage Board, Karnataka.

The scope of work includes supply and execution of 1,168 mm diameter M. S. Rising Main from Jack well at Saundatti to Water Treatment Plant at Amminabhavi.

In addition, the project involves design, construction, supply, installation, testing, commissioning, trial run and maintenance of 68 million litres a day capacity water treatment plant for a period of 12 months.

Shares of the company slipped Rs 2, or 4.58%, to trade at Rs 37.50. The total volume of shares traded was 1552 at the BSE.