Jayant Infratech shares surged to the 5% upper circuit in early trade today after the company announced a major EPC contract win from Konkan Railway Corporation Limited. The Letter of Acceptance, issued under SEBI’s Regulation 30 disclosure norms, confirms that the company will execute a large-scale upgradation of the railway traction system, a project valued at ₹161.68 crore inclusive of all duties and taxes.
The contract covers a full-fledged Engineering, Procurement, and Construction assignment. Jayant Infratech will design, supply, erect, test and commission the upgradation of the existing 1×25 KV Electric Traction system into an advanced 2×25 KV Electric Traction setup. This upgrade will support the ongoing railway electrification and modernization work being handled by Konkan Railway across key routes.
The project is entirely domestic and does not fall under any related-party transactions. Jayant Infratech also clarified that neither its promoters nor promoter group have any interest in the awarding entity. The execution timeline stretches until 23 January 2027, giving the company a multi-year pipeline that strengthens future revenue visibility.
The order is expected to significantly enhance Jayant Infratech’s order book and reinforce its position in the railway electrification and infrastructure engineering space.
