Brahmaputra Infrastructure JV wins Rs 114.24 Cr railway contract

Brahmaputra Infrastructure Ltd has informed the exchanges that its joint venture, SB BIL JV, has received a Letter of Acceptance (LOA) from the North Central Railway, Jhansi Division. The contract pertains to a significant civil construction project awarded by the Gati Shakti Unit. The company's market capitalisation currently stands at Rs 420 crore.

Contract Details

The LOA, dated May 18, 2026, outlines the construction of two-lane Road Over Bridges (ROB) end-to-end, including approaches. These structures will replace existing level crossings at three specific locations within the North Central Railway network. The locations include LC No. 40 on the Gwalior–Bhind Section, LC No. 398 on the Jhansi–Gwalior Section, and LC No. 315 on the Jhansi–Bina Section.

Financial and Operational Metrics

The total value of the contract stands at ₹114.24 crore. The project is governed by the General Conditions of Contract (GCC) 2022, Railway Board Guidelines, and other relevant labour and tax regulations. The completion period is set at 18 months from the date of the LOA.

Particulars:	Details
Entity Issuing LOA:	North Central Railway, Jhansi Division – Gati Shakti Unit
Contract Value:	₹114.24 Crores
Time Period:	18 Months
Nature of Order:	Domestic
Market Capitalisation:	Rs 420 Crore

The company confirmed that the order does not fall under the related party category and that the promoter group has no interest in the entity awarding the contract. Consequently, the trading window for the company's designated employees and connected persons will remain closed for 48 hours from the time of the announcement.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.98%	+14.30%	+5.65%	+44.23%	+112.64%	+981.70%

Brahmaputra Infrastructure Ltd has secured a Letter of Acceptance (LOA) from the National Highways & Infrastructure Development Corporation Limited (NHIDCL) for a Short Term Maintenance Contract. The order, valued at ₹25,78,73,516, was awarded by the NHIDCL Regional Office in Guwahati, an undertaking under the Ministry of Road Transport & Highways, Government of India.

Contract Details

The project entails maintenance work at selected locations between Km 0.00 to Km 65.00 of Pailapool – Hangrum in the State of Assam. The company was declared the L-1 (Lowest Bidder) for this domestic order. The execution period for the contract is set at 12 months from the date of formal award. The key parameters of the contract are outlined below:

Particulars:	Details
Name of Awarding Authority	National Highways & Infrastructure Development Corporation Limited (NHIDCL)
Nature of Work	Short Term Maintenance Contract at selected locations between Km 0.00 to Km 65.00 of Pailapool – Hangrum
Contract Value	₹25,78,73,516
Location	State of Assam
Time Period	12 Months from the date of formal award

The company is currently in the process of fulfilling pre-contract obligations, which include furnishing the required Performance Security and executing the formal Contract Agreement as stipulated in the LOA.

Regulatory Disclosures

Brahmaputra Infrastructure Ltd confirmed that the order does not fall under the Related Party category, and the Promoter or Promoter Group companies have no interest in the entity that awarded the order. The LOA reference number is AS/SIL/STMC/NH137GPaiHan/25-26/2122. Consequently, the Trading Window for dealing in the securities of the company by its Designated Employees, Immediate Relatives, Specified Persons, and Connected Persons shall remain closed until the expiry of 48 hours from the time of this announcement.