A B Infrabuild Limited has informed the Exchange about Awarding of order(s)/contract(s)
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A B Infrabuild has received a letter of acceptance from the National Highways Authority of India (NHAI) for the construction of 3 Vehicle Underpasses (VUPs) along with approaches and service roads on the Puintola to Icchapuram section of NH-16 in Odisha, on EPC mode. The contract is valued at approximately Rs. 62.94 crore with an 18-month completion timeline. The project is to be executed for a domestic government entity, and there is no related party interest involved.
This adds a new NHAI-backed order to the company's order book, strengthening near-term revenue visibility over 18 months. Government highway orders are generally seen as low-payment-risk, which is a positive signal for shareholders.