Pursuant to SEBI (LODR Regulations) 2015 and rules thereunder, the company has received a significant work order by Kaushal Engineering Limited for the execution of balance civil and electrical ....
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JD Cables Ltd has received a significant work order valued at ₹243.99 crore (inclusive of GST) from Kaushal Engineering Limited. The scope involves construction of balance works of Chauparan Flyover, Barkatha Flyover, a Railway Over Bridge (ROB), and associated electrical works for the six-laning of the Bihar-Jharkhand border section (Chordaha to Gorhar) of NH-2 on EPC mode under the government's NHDP Phase V. The project is domestic, must be completed within one year, and is not a related party transaction. The order is a substantial addition to the company's order book in the infrastructure and electrical works segment.
This ₹244 crore order is likely to materially boost JD Cables' revenue and order book, given the company has flagged it as 'significant' and disclosed it under SEBI LODR Regulation 30. For shareholders, this represents strong business momentum in infrastructure execution, though execution risk and timely completion within 1 year remain key factors to watch.