Announced Sat, 25 Jul, 2026 · 17:20 IST
Sub-contract for Mayiladuthurai sewerage project terminated
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹130.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.3+15.8+10.8+23.1+45.0+38.1+53.5+44.6+39.4—
Up moveDown movePending
AI summary
BRGIL's sub-contract with Kevadiya Construction Ltd (KCL) for construction and 5-year O&M of underground sewerage system in Mayiladuthurai Municipality stands terminated by mutual consent from 25 July 2026. KCL cited operational and commercial reasons for seeking termination. KCL will now execute the project directly with the employer.
Likely market impact
Loss of sub-contract revenue for BRGIL. KCL will run the project directly with the client. No financial impact disclosed.