B.R. Goyal Infrastructure Bags Hockey And Athletic Stadium Construction Order Worth ₹23.37 Cr

1 min read     Updated on 06 Apr 2026, 07:32 PM
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B.R.Goyal Infrastructure Limited has been awarded a significant construction contract worth ₹23.37 crores by Madhya Pradesh Road Development Corporation Limited for building a Hockey and Athletic Stadium with allied infrastructure at Nanakheda, Ujjain. The project carries a 24-month execution period including rainy season and represents a substantial addition to the company's infrastructure development portfolio in Madhya Pradesh.

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B.R.Goyal Infrastructure Limited has announced securing a substantial work order from Madhya Pradesh Road Development Corporation Limited (MPRDC) for stadium construction in Ujjain. The infrastructure development company disclosed this significant business development under regulatory compliance requirements.

Project Details and Scope

The awarded contract encompasses the construction of Hockey and Athletic Stadium with allied infrastructure works at Nanakheda, Ujjain in Madhya Pradesh. The comprehensive project reflects the company's capabilities in sports infrastructure development and represents a notable addition to its project portfolio.

Parameter: Details
Contract Value: ₹23.37 crores
Project Location: Nanakheda, Ujjain, Madhya Pradesh
Awarding Authority: Madhya Pradesh Road Development Corporation Limited (MPRDC)
Project Type: Hockey and Athletic Stadium with allied infrastructure
Tender Reference: 2026_MPRDC_476283_1
PAC Value: ₹26.32 crores

Execution Timeline and Contract Terms

The project comes with a defined execution schedule that accounts for seasonal variations. The contract structure follows standard infrastructure development practices with clear deliverable timelines.

Contract Terms: Specifications
Execution Period: 24 months including rainy season
Timeline Calculation: From date of contract agreement signing
Contract Nature: Letter of Acceptance (LOA)
Entity Type: Domestic

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under SEBI regulations, providing comprehensive details about the contract award. The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key regulatory confirmations include:

  • No promoter or group company interest in the awarding entity
  • No related party transaction implications
  • Compliance with SEBI Master Circular requirements
  • Domestic contract classification

Corporate Communication

Ritika Jhala, Company Secretary and Compliance Officer, signed the regulatory disclosure on behalf of B.R.Goyal Infrastructure Limited. The formal communication was addressed to the Corporate Relations Department of BSE Limited, ensuring proper market notification of this material development.

This stadium construction project represents B.R.Goyal Infrastructure's continued engagement in public infrastructure development, particularly in the sports facility segment within Madhya Pradesh.

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How might this ₹23.37 crore contract impact B.R.Goyal Infrastructure's revenue and profit margins for the next two fiscal years?

Will this sports infrastructure project position the company to bid for upcoming Commonwealth Games or other major sporting event facilities?

What is the potential pipeline value of similar stadium and sports infrastructure projects across other Indian states?

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B.R.Goyal Infrastructure Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 02 Apr 2026, 11:17 AM
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B.R.Goyal Infrastructure Limited submitted its Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for Q4FY26 ended 31 March 2026. The certificate, issued by RTA MUFG Intime India Private Limited, confirms proper dematerialisation processes and compliance with prescribed timelines for security certificate handling.

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B.R.Goyal Infrastructure Limited has submitted its quarterly compliance certificate under SEBI regulations for the quarter ended 31 March 2026. The infrastructure company filed the mandatory certificate with BSE Limited on 02 April 2026, ensuring adherence to regulatory requirements for depository and participant operations.

Regulatory Compliance Details

The certificate was submitted in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide confirmation certificates regarding the proper handling of securities dematerialisation processes during each quarter.

Parameter: Details
Quarter Period: 31 March 2026
Certificate Date: 01 April 2026
Submission Date: 02 April 2026
Regulation: SEBI (Depositories and Participants) Regulations, 2018

Registrar and Transfer Agent Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the Registrar and Share Transfer Agent for B.R.Goyal Infrastructure Limited. The RTA issued the confirmation certificate dated 01 April 2026, certifying compliance with dematerialisation requirements.

The certificate confirms that securities received from depository participants for dematerialisation during the quarter ended 31 March 2026 were properly confirmed to the depositories. Additionally, it verifies that all security certificates received were mutilated and cancelled after due verification by the depository participant within prescribed timelines.

Company Information

Detail: Information
Company Name: B.R.Goyal Infrastructure Limited
CIN: L04520MP2005PLC017479
Scrip Code: 544335
Scrip Symbol: BRGIL

Signatory Details

Ritika Jhala, Company Secretary and Compliance Officer (M. No.: A73846), signed the submission letter on behalf of B.R.Goyal Infrastructure Limited. The RTA certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited.

This quarterly submission demonstrates the company's commitment to maintaining regulatory compliance and ensuring proper handling of securities dematerialisation processes as mandated by SEBI regulations.

Historical Stock Returns for B.R.Goyal Infrastructure

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How might the upcoming changes to SEBI's depository regulations in 2026 impact B.R.Goyal Infrastructure's compliance costs and operational procedures?

What infrastructure projects is B.R.Goyal Infrastructure likely to pursue given the government's increased focus on infrastructure development post-2026?

Will MUFG Intime India's expanded role as registrar and transfer agent following the Link Intime rebrand affect service quality for B.R.Goyal Infrastructure's shareholders?

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