Agi Infra Limited has informed the Exchange about Awarding of contract
AGIIL · price
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AGI Infra Limited's shareholders have approved a Material Related Party Transaction with AGI Construction Private Limited at the 20th Annual General Meeting held on September 29, 2025. The contract is for construction services covering group housing residential projects with a total built-up area of approximately 27,96,000 sq.ft. The total contract value is up to Rs. 325 Crores, to be executed over the period from the AGM date to March 31, 2030. Promoter and Managing Director Mr. Sukhdev Singh Khinda has an indirect interest in AGI Construction Private Limited, and the company confirms the transaction is being carried out at arm's length pricing.
This secures a large, long-term construction order pipeline for AGI Infra extending through FY2030, providing revenue visibility. However, the contract being with a related party means shareholders should monitor execution and pricing fairness closely, even though arm's length confirmation is given.