Brahmaputra Infrastructure Limited has been awarded a major railway infrastructure contract worth ₹81.98 crores through its joint venture entity NCDC-Brahmaputra JV. The company was declared L-1 (lowest bidder) by NFR-CONST HQ-ENGINEERING / North Frontier Railway Construction for a comprehensive construction project under the Lumding-Furkating Doubling Project. The company currently maintains a market capitalization of ₹450 crores.

Project Details and Scope

The awarded contract encompasses construction of staff quarters and allied civil and electrification works across multiple categories. The project scope includes construction of 196 residential units comprising Type-II (128 units), Type-III (50 units), and Type-IV (18 units) staff quarters. Additionally, the project covers construction of essential infrastructure including pump house, overhead water tank (OHT), deep tube well with IRP, drainage systems, roads, and other ancillary works with complete electrification.

Contract Specifications

The domestic contract falls under the Dy. CE/CON/LMG, DMV and MXN divisions and represents a significant addition to the company's order book. The project does not involve any related party transactions, and promoter or promoter group companies have no interest in the awarding entity. The formal contract is subject to completion of customary procedural and regulatory formalities by the awarding authority.

Strategic Significance

This contract award strengthens Brahmaputra Infrastructure's presence in the northeastern railway corridor, aligning with the government's focus on railway modernization and capacity expansion. The Lumding-Furkating corridor serves as a critical artery for freight and passenger movement in Assam, enhancing the strategic importance of this infrastructure development project.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has announced closure of its trading window for designated employees and connected persons until 48 hours from the announcement, in compliance with insider trading regulations.

Operational Impact

The 18-month execution timeline will require robust project management and resource coordination across civil and electrical disciplines. The multi-category housing development along with utility infrastructure demands comprehensive construction expertise, and successful execution is expected to strengthen the joint venture's track record with government railway clients for future project opportunities.

Brahmaputra Infrastructure Limited has issued a postal ballot notice dated April 06, 2026, seeking shareholder approval for the appointment of statutory auditors through remote e-voting process. The company has now published newspaper notification regarding the postal ballot in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Publication

The company has fulfilled its regulatory obligations by publishing the postal ballot notice in newspapers as required under SEBI regulations. The notification was formally communicated to the Bombay Stock Exchange Limited on April 07, 2026, with complete details available on the company's website at www.brahmaputragroup.com .

Proposed Auditor Appointment Details

The postal ballot seeks approval for the appointment of M/S ANSK & Associates as the company's statutory auditors with the following specifications:

E-Voting Schedule and Process

The company will conduct the postal ballot exclusively through remote e-voting, with specific timelines established for the process:

Only shareholders whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date will be eligible to participate in the voting process. The Board of Directors has appointed Mr. Sachin Kumar Shrivastava (M. No.: ACS 55362 C.P.No.:21674) as the Scrutinizer to oversee the postal ballot process.

Auditor Profile and Services

M/S ANSK & Associates is a partnership firm providing comprehensive services including direct tax and GST services, statutory audit, tax audit, internal audit, transfer pricing audit, accounting and business valuation, and corporate insolvency resolution support. The firm maintains its head office in Delhi with a branch office in Rajasthan.

The appointment is being made pursuant to Sections 139(8), 141, 142 and other applicable provisions of the Companies Act, 2013, based on recommendations from the Audit Committee and Board of Directors. According to the company's assessment, there has been no material change in the fee payable to the proposed statutory auditor compared to the outgoing auditor.

Shareholders can access the postal ballot notice through the company website, BSE website, or through electronic delivery to registered email addresses. The company has engaged MUFG Intime India Private Limited as the Registrar and Transfer Agent to facilitate the e-voting process.

Source: None/Company/INE320I01017/cf9dd5b6-c5fa-4deb-8bd8-bc6b8ec4cc1b.pdf