B.L. Kashyap and Sons Limited has announced a significant new order win, reinforcing its strong position in India’s construction and infrastructure sector. The company has secured a ₹615.69 crore contract (exclusive of GST) from Sattva CKC Private Limited for a major commercial development in Chennai, Tamil Nadu.
As disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the order involves comprehensive structural and civil works for the commercial project titled “Sattva Chennai Knowledge City.” The project is expected to be executed over an approximate period of 31 months, highlighting the scale and long-term nature of the engagement.
The contract has been awarded by a domestic entity and does not involve any promoter or promoter group interest, ensuring complete independence in the transaction. The company has also clarified that the order does not fall under related party transactions, and therefore, arm’s length considerations are not applicable.
