LOA Of an total amount Rs. 113.54 Crores
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Brahmaputra Infrastructure Ltd has received a Letter of Award (LOA) valued at Rs. 113.54 Crores from the Office of the Chief Engineer, PWD (R&B) Jammu. The work involves the balance construction of a new Legislature Complex in Jammu. The project is to be executed over 18 months from the date of award. The order is fully domestic, with no related party interest and no promoter group involvement in the awarding entity. The disclosure is made under SEBI's Listing Regulations, and the trading window for designated persons has been closed for 48 hours post-announcement.
This Rs. 113.54 Crore government order strengthens the company's order book and provides revenue visibility over the next 18 months. Backed by a state government client (PWD Jammu), payment risk is relatively low, which is positive for shareholders — though execution and margin outcomes will depend on project delivery over the coming quarters.