BR Goyal Infra secures significant contracts worth Rs. 63.98 Crore in aggregate

B.R.Goyal Infrastructure Limited ("BRG Infra"), a prominent player engaged in the construction and development of infrastructure projects such as roads, highways, bridges and buildings, is pleased to announce that the Company has entered in the segment of Construction of Underground Sewerage System and has been awarded significant infrastructure contracts under the Tamil Nadu Urban Development Project (TNCRUDP) - 2023-2024 and the Project Development Grant Fund (PDGF) under Kfw 2023-24.

The projects involve the Construction of underground sewerage system for the left out and newly added areas in Theni - Allinagaram Municipality and left out areas in Mayiladuthurai Municipality, both located in the state of Tamil Nadu. The total value of the contracts is ₹63.98 crore (including GST), have been awarded through Kevadiya Construction Limited and is slated for execution over a period of 24 months.

This project reinforces BRG Infra's growing footprint in urban infrastructure and its commitment to contributing to improved sanitation and public health infrastructure in India.

BRG Infra continues to pursue strategic and impactful projects across India in sectors including EPC (roads and buildings), water infrastructure, residential development, and renewable energy, further solidifying its position as a trusted infrastructure partner nationwide.

Commenting on the contract win, Mr. Brij Kishore Goyal - Chairman & Managing Director, said: "We are proud to announce that BRG Infra has further diversified its portfolio by entering the critical segment of underground sewerage system construction. The Company has been entrusted with major infrastructure projects under the Tamil Nadu Urban Development Project (TNCRUDP) and the Project Development Grant Fund (PDGF) under Kfw 2023-24, which involve the construction of an underground sewerage system in Theni-Allinagaram Municipality and Mayiladuthurai Municipality. These contracts, valued at ₹63.98 crore (including GST), align seamlessly with our core strengths in executing large-scale urban utility systems and is a testament to the trust and confidence that our clients and partners continue to place in BRG Infra.

The projects not only represent a significant financial milestone but also underscores our contribution toward improving urban sanitation standards in Theni-Allinagaram Municipality and Mayiladuthurai Municipality. With a committed timeline of 24 months, we aim to deliver worldclass execution while ensuring long-term sustainable impact for the residents of the region."

Shares of B R Goyal Infrastructure Limited was last trading in BSE at Rs. 123.05 as compared to the previous close of Rs. 125.00. The total number of shares traded during the day was 4000 in over 4 trades.

The stock hit an intraday high of Rs. 125.00 and intraday low of 123.00. The net turnover during the day was Rs. 494150.00.

Source : Equity Bulls

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