Brahmaputra Infrastructure has been declared L-1 (Lowest Bidder) for a short-term road maintenance contract in Assam, awarded by the National Highways Infrastructure Development Corporation Limited (NHIDCL), an undertaking of the Ministry of Road Transport and Highways, Government of India. The announcement was made on May 04, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The contract pertains to the Pailapool–Hangrum section and is valued at approximately ₹25.78 crores, with a project duration of 12 months from the date of formal award. The formal Letter of Award (LOA) / Work Order is currently pending issuance by NHIDCL.

Contract Details

The following table summarises the key parameters of the awarded contract:

SEBI Disclosure Compliance

The disclosure has been made in accordance with the Company's Board-approved Policy for Determination of Materiality of Events and Information. As per the SEBI LODR Schedule III disclosures, the contract is not a repeat order and does not fall under the Related Party Transaction category. The Promoters and Promoter Group entities have no direct or indirect interest in the awarding authority. The estimated revenue and income impact is approximately ₹25.78 crores over 12 months, with a positive contribution expected to revenue and profitability. The formal contract or work order remains subject to completion of customary procedural and regulatory formalities by NHIDCL.

Strategic Significance

The Pailapool–Hangrum corridor is a key arterial road link in the Barak Valley region of southern Assam, connecting onward to Manipur and Mizoram. Maintenance of this stretch is critical for sustained vehicular movement, regional commerce, and last-mile connectivity in the North-East. This contract win reinforces Brahmaputra Infrastructure's presence in the road infrastructure and maintenance segment in the northeastern region of India. Being selected as the L-1 bidder by NHIDCL — a key government body responsible for developing highway infrastructure in border and northeastern states — highlights the company's competitive positioning in public sector infrastructure contracts.

About Brahmaputra Infrastructure Limited

Brahmaputra Infrastructure Limited is a BSE-listed infrastructure company headquartered in New Delhi with significant operational presence in Guwahati, Assam. Incorporated in 1998, the company is engaged in the construction, maintenance, and rehabilitation of roads, highways, bridges, and allied civil infrastructure across North-East India and other regions. The company has executed projects for central government agencies including NHIDCL, NHAI, MoRTH, Indian Railways, state Public Works Departments, and other statutory authorities across Assam, Arunachal Pradesh, Meghalaya, Nagaland, Tripura, and Manipur.

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.