A B Infrabuild Limited has informed the Exchange about Awarding of order(s)/contract(s)
ABINFRA · price
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A B Infrabuild Limited has received a letter of acceptance for a new EPC project from M.P. Road Development Corporation Ltd. The work involves construction of additional lanes to act as truck parking/lay bye on the Sohagi Ghat stretch of NH-30 (Mangawan to MP-UP border section) in Madhya Pradesh. The order is worth Rs. 10.75 crore and is to be completed within 9 months. The order has been awarded by a domestic government entity, and there is no promoter group interest in the awarding entity, nor is it a related party transaction.
This is a small-to-moderate new order win for the company, adding to its order book in the road infrastructure segment. The short 9-month execution timeline means revenue recognition should be relatively quick, providing incremental business visibility, though the order size is not large enough to be a major catalyst on its own without further context on the company's total order book and revenue base.