Engineers India Limited (EIL) has recently informed exchanges that the company has been appointed as the Project Management Consultant for the development of an Academic Institute of National Importance under a project worth approximately Rs. 1200 crore. This prestigious project, executed in a depository mode, highlights EIL’s commitment to high-quality project management and excellence in the educational infrastructure sector.
The contract was officially signed between EIL and the Institute, marking a significant milestone in the execution of major infrastructure projects. As per the details provided under Regulation 30 of the SEBI (LODR) Regulations, 2015, the development will play a crucial role in enhancing national academic capabilities. However, due to confidentiality agreements, specific details about the project location, time period, and significant terms cannot be disclosed.
Engineers India Limited, renowned for its expertise in engineering and project management services, continues to expand its role in the development of critical national infrastructure. The project demonstrates EIL’s significant contributions to India’s academic and infrastructural landscape.
In the meantime, Engineers India shares opened at ₹166.99, with a high of ₹167.39 and a low of ₹160.65 on the day. The stock’s 52-week high stands at ₹303.90, while the 52-week low is ₹153.20. As of 10:24 AM, the shares were trading 3.51% lower at Rs 162.55.
