Pursuant to Regulation 30 of SEBI LODR 2015, ground breaking ceremony of the new civil and electrical works awarded by Kaushal engineering limited for teh six laning works in the state ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
JD Cables Ltd held the ground breaking ceremony on January 5, 2026 for a major EPC infrastructure project awarded by Kaushal Engineering Limited. The project covers balance civil and electrical works—including Chauparan Flyover, Barkatha Flyover, an ROB (Railway Over Bridge), and allied electrical works—for the six-laning of the Bihar–Jharkhand border (Chordaha to Gorhar section) of NH-2, spanning about 71 km in Jharkhand under NHDP Phase-V. Total contract value is approximately ₹244 crore (₹243.99 crore), inclusive of 18% GST, approved change of scope, and price escalation. Construction has commenced from January 2026 and the project is scheduled for completion within one year. The order was originally announced on December 23, 2025, and this filing is a ceremonial update confirming project start.
This is positive for shareholders as the ₹244 crore order materially boosts JD Cables' order book and provides strong near-term revenue visibility, given the one-year execution timeline. The move also marks the company's expansion into EPC highway construction beyond its traditional wires and cables business, which could lift long-term growth prospects if execution goes smoothly.