NBCC (India) Limited has informed the Exchange regarding a press release dated February 23, 2026, titled "Press Release: Visit of High-level delegation from Republic of Seychelles to NBCC (India) Limited".
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NBCC hosted the Vice-President of Seychelles, H.E. Mr. Sebastien Pillay, and a high-level delegation at its New Delhi headquarters to discuss island infrastructure development. The proposed project covers around 139 acres and is planned to include affordable social housing, leisure and hospitality, premium villas, a sports arena, and social infrastructure. NBCC showcased its track record, including the 2,000 social housing project it completed in Hulhumale, Maldives, and noted it is already building the Indian Chancery, a Cultural Centre and residential units in Seychelles. The visit follows CMD K. P. Mahadevaswamy's earlier trip to Seychelles in January 2026 and signals deepening bilateral cooperation.
Positive for sentiment as it highlights potential new international business pipeline for NBCC and reinforces its credentials in overseas infrastructure projects, though no financial value or contract has been announced yet.