Announced Fri, 23 Oct, 2026 · 19:01 IST
Rachana Infra wins Rs 148.73 crore Gujarat road contract
RILINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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AI summary
Rachana Infrastructure received a letter of acceptance from Gujarat's Ahmedabad Roads and Buildings Division for strengthening and widening the Bagodara-Nalsarovar state highway from km 0 to km 26.2, from seven metres to four lanes. The domestic contract is worth Rs 148.73 crore excluding GST and must be executed within 24 months. Performance security of Rs 7.44 crore is also required.
Likely market impact
The contract may add future revenue, but execution and cost risks remain. Its size relative to company revenue is not stated.