B.R. Goyal Infrastructure Bags Hockey And Athletic Stadium Construction Order Worth ₹23.37 Cr
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.
Historical Stock Returns for B.R.Goyal Infrastructure
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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?


































