Pursuant to the provisions of the SEBI (LODR) Regulations, 2015, we are submitting the intimation of declaration of appointed date.
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Awaiting price reaction for this filing.
B.R.Goyal Infrastructure has received the official appointed date (25 September 2025) from the Public Works (North) Division, Nashik for a road improvement and widening project in Maharashtra. The project covers SH-28 from km 27/700 to 36/00 and 48/00 to 83/200 in Trimbakeshwar Taluka, Nashik district. The contract is worth ₹125.86 Crore plus GST, to be executed on EPC mode within 18 months. This follows the earlier Letter of Award dated 04 September 2025 and the intimation of work order receipt on 08 September 2025. With the appointed date now declared, the company can officially begin execution and start recognizing revenue on this project.
This is a positive development for shareholders as the appointed date kicks off the 18-month execution window, enabling revenue booking and progress billing on a ₹125.86 Crore government infrastructure contract. Investors should watch for quarterly execution updates and any further order inflows from the public works segment.