This is to inform that Company has entered into a Non-Binding Letter of Intent with M/s Primarc Projects Private Limited for contract of sub & super structure work for proposed project ....
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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.
RDB Infrastructure and Power Ltd has signed a non-binding Letter of Intent with M/s Primarc Projects Private Limited for sub and super structure construction work on a project called 'Primarc Aadvika' located in Shibpur, Howrah, West Bengal. The project covers a total area of 5 lakh sq. ft. The contract value is Rs. 73 crore plus applicable taxes. The work is scheduled to begin within 9 months from February 11, 2026, and be completed within 30 months from the commencement date. The order has been awarded by a domestic entity, and there is no related party or promoter group interest involved. The filing was made under SEBI Listing Regulations to inform the exchanges.
This is a sizeable new order win for RDB Infrastructure, but it is currently only a non-binding Letter of Intent, not a final binding contract, so there is execution risk before it translates into actual revenue. Shareholders should watch for further updates confirming the binding contract and actual work commencement.