Akash Infra Projects Limited has informed the Exchange about Receipt of Work Order
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Akash Infra Projects Limited has received a work order valued at Rs. 37,99,40,688.50 (approximately Rs. 37.99 Crore) from the Office of the Executive Engineer, Panchayat Road and Building Division, District Panchayat Gandhinagar. The order is for the construction, widening, strengthening, and resurfacing of various important roads on an annual basis under the Gandhinagar District Panchayat. The work order was received on 30th September 2025 and is an emergency/on-demand road maintenance contract. This adds to the company's order book in its core road-building segment in Gujarat.
This is a positive development for the company as it strengthens its order book with a government client in its home state. The annual-basis road maintenance contract provides recurring revenue visibility. Shareholders should view this as a steady, incremental business win though the size is moderate for an infrastructure company.