Receipt of Letter of Award (LOA) from NHAI.
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B.R.Goyal Infrastructure Ltd has received a Letter of Award from the National Highways Authority of India (NHAI) to act as the user fee collection agency at two toll plazas — Simliya Fee Plaza (km 409.680) and Fatehpur Fee Plaza (km 461.290) — on the Kota–Baran section of NH-76 in Rajasthan. The total contract value is Rs. 86.71 crore (Rs. 86,70,77,575), and the work also includes upkeep and maintenance of adjacent toilet blocks. The contract is for a period of one year, awarded through competitive e-tendering. The order is from a domestic government entity, with no related-party interest involved.
This is a meaningful new contract from a government client that adds Rs. 86.71 crore to the company's order book and provides near-term revenue visibility for the next year. For a small-cap infrastructure firm, a government order of this size is a positive signal for business stability, though the one-year duration means shareholders should watch for renewal or follow-on orders.