NBCC (India) has received work orders amounting to approximately ₹42.55 crore in its ordinary course of business. The company has been awarded two significant projects, enhancing its portfolio in the construction and project management consultancy sectors.
The first project involves the construction of a parallel extension of the existing school building and additional staff quarters at Jawahar Navodaya Vidyalaya in Nandurbar-I, Maharashtra. This project, awarded by Navodaya Vidyalaya Samiti, is valued at approximately ₹6.92 crore, excluding GST. The project falls under the category of domestic project management consultancy.
The second project entails the construction of office premises for Indian Bank at Uddandarayunipalem, Amaravati, Andhra Pradesh. This contract, awarded by Indian Bank, is valued at approximately ₹35.63 crore, excluding GST. Like the first, this project is also classified as a domestic project management consultancy.
Both projects are part of NBCC‘s regular business activities and do not involve any related party transactions. The company has not disclosed the specific timelines for the execution of these contracts.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).