Pursuant to the Regulation 30 (LODR) we wish to inform you that company received work order from central railways of Rs. 40.55 cr.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jayant Infratech Ltd has received a Letter of Acceptance from Central Railway for a railway overhead electrification contract worth ₹40.55 crore (₹40,54,83,347.87 inclusive of all duties and taxes). The work involves supply, erection, testing and commissioning of conversion of unregulated 25 KV AC OHE to regulated OHE in the Kalyan-Karjat section (109 track kilometres) in the Mumbai division of Central Railway. The contract is domestic in nature and is to be executed by December 11, 2027. There is no promoter or related party interest in the awarding entity.
This is a sizeable government-backed order that strengthens the company's order book and is expected to support revenue and operational growth over the next two years, which should be viewed positively by shareholders. Execution risk and timeline adherence will be key things to watch.