Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015, regarding hand over of Salemgarh Fee Plaza to NHAI.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
B.R.Goyal Infrastructure has decided to hand over the operations of Salemgarh Fee Plaza in Uttar Pradesh back to NHAI. The company received the original work order for operating and collecting user fee at this toll plaza in February 2026. However, after reviewing the operational and financial performance, management concluded the project was not commercially viable. The formal handover to NHAI is scheduled for 20 May 2026. The company has stated that the financial impact of this exit will be evaluated only after the handover process is completed.
This is a negative development as the company is losing a contract and revenue stream due to poor project economics. Shareholders should watch for the financial impact assessment once the handover is completed, as it could affect near-term earnings.