B. L. Kashyap and Sons Limited has informed the Exchange about Bagging/Receiving of orders/contracts
BLKASHYAP · price
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B. L. Kashyap and Sons Limited has secured a new construction order valued at ₹510 Crores (excluding GST) from domestic real estate firm Fidatocity Homes Private Limited. The order is for building a Residential Group Housing Project with a built-up area of approximately 28.30 lakh square feet. The project is to be completed in around 33 months, and the Letter of Intent was received on 3rd May 2025. The company has confirmed there is no related-party interest in the awarding entity and no promoter group connection. This is a domestic order, not an export or government contract.
This is a sizeable new order that adds to the company's order book and provides revenue visibility over the next ~33 months. For shareholders, it signals continued business momentum in the residential construction segment, though execution risk and dependence on a single client remain factors to watch.