HCC Secures ₹1,662 Crore GMLR Phase IV Contract Through Joint Venture with Aakshya

2 min read     Updated on 19 Mar 2026, 11:01 AM
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Overview

Hindustan Construction Company Limited has been awarded a ₹1,662.27 crore contract by Brihanmumbai Municipal Corporation for the Goregaon–Mulund Link Road Phase IV project through the Aakshya-HCC Joint Venture. The comprehensive infrastructure project includes construction of flyovers, interchanges, and road components spanning multiple phases, featuring advanced engineering elements like cable-stayed spans and cloverleaf interchanges to enhance Mumbai's east-west connectivity.

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Hindustan Construction Company Limited has secured a significant infrastructure contract valued at ₹1,662.27 crore from the Brihanmumbai Municipal Corporation for the construction of Goregaon–Mulund Link Road Phase IV project. The contract was awarded on March 19, 2026, through the Aakshya-HCC Joint Venture, where HCC holds a 49% stake.

Joint Venture Partnership Details

The project will be executed through a strategic partnership with Aakshya, forming the Aakshya-HCC Joint Venture. This collaboration enables the company to leverage combined expertise and resources for delivering this major infrastructure initiative in Mumbai's transportation network.

Parameter: Details
Contract Value: ₹1,662.27 crore
Joint Venture Partner: Aakshya
HCC Stake: 49%
Awarding Authority: Brihanmumbai Municipal Corporation
Project: GMLR Phase IV

Comprehensive Project Scope

The GMLR Phase IV project encompasses extensive infrastructure development across two distinct phases. Phase I includes construction of a second-level flyover spanning 1,330 metres and free-left movements at grade. The at-grade road construction extends to 3,200 metres, while free-left at-grade components cover 2,620 metres.

Phase II involves more complex infrastructure elements, including construction of a cloverleaf interchange and free-left bypasses at grade. The cloverleaf loop and interchange will span 2,400 metres, with free-left bypasses extending 3,600 metres at grade level.

Technical Infrastructure Components

The project features advanced engineering elements designed to enhance Mumbai's east-west connectivity. Key technical specifications include an obligatory cable-stayed span of 180 metres and connecting ramps totaling 270 metres in length.

Phase: Infrastructure Component Length/Specifications
Phase I: Second-level flyover 1,330 metres
Phase I: At-grade road 3,200 metres
Phase I: Free-left at-grade 2,620 metres
Phase II: Cloverleaf interchange 2,400 metres
Phase II: Free-left bypasses 3,600 metres
Special Feature: Cable-stayed span 180 metres
Connectivity: Ramps 270 metres

Strategic Impact on Mumbai's Infrastructure

This contract represents a substantial addition to HCC's project portfolio, reinforcing the company's position in India's infrastructure development sector. The Goregaon–Mulund Link Road corridor development by BMC aims to significantly improve east-west connectivity in Mumbai, addressing critical transportation infrastructure needs in the metropolitan area.

With nearly 100 years of engineering heritage, HCC has established itself as a key player in India's infrastructure landscape, having executed major projects including 26% of India's hydro power generation capacity and 60% of nuclear power generation facilities.

Historical Stock Returns for Hindustan Construction Company

1 Day5 Days1 Month6 Months1 Year5 Years
-3.19%-5.13%-20.68%-37.32%-24.02%+137.46%
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HCC Releases Q3 FY26 Results and Analyst Meeting Transcript Under Regulation 30

2 min read     Updated on 17 Feb 2026, 05:58 PM
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Overview

Hindustan Construction Company Ltd has completed its Q3 FY26 financial disclosure process by publishing unaudited results for the quarter and nine months ended December 31, 2025, followed by releasing the analyst meeting transcript. The company ensured full regulatory compliance under SEBI LODR regulations with newspaper publications and made all documents accessible through multiple digital channels.

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Hindustan Construction Company Ltd has announced the publication of its unaudited financial results for the quarter and nine months ended December 31, 2025, and subsequently released the transcript of its analyst/investor meeting. The company has fulfilled its regulatory obligations through multiple disclosures and made comprehensive information accessible to stakeholders.

Board Approval and Financial Results Publication

The Board of Directors approved the unaudited standalone and consolidated financial results at their meeting held on February 12, 2026. The announcement was signed by Arjun Dhawan, Vice Chairman & Managing Director (DIN: 01778379), confirming the board's formal approval of the quarterly results.

Parameter: Details
Board Meeting Date: February 12, 2026
Results Period: Quarter and nine months ended December 31, 2025
Publication Date: February 13, 2026
Authorized Signatory: Arjun Dhawan, Vice Chairman & Managing Director

Analyst Meeting Transcript Release

On February 17, 2026, the company released the transcript of the presentation made before the meeting of analysts and institutional investors. Company Secretary Nitesh Kumar Jha communicated this disclosure to both stock exchanges under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Filing Details: Information
Filing Date: February 17, 2026
Document Type: Analyst Meeting Transcript
Meeting Date: February 12, 2026
Regulation: Regulation 30 of SEBI LODR
Filed By: Nitesh Kumar Jha, Company Secretary

Regulatory Compliance

In accordance with Regulations 47 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements in leading publications. The advertisements appeared in Business Standard (English) and Sakal (Marathi) newspapers on February 13, 2026.

Results and Document Accessibility

The unaudited financial results, limited review reports, and analyst meeting transcript are available through multiple channels for stakeholder access:

  • Stock Exchange Websites: Available on www.bseindia.com and www.nseindia.com
  • Company Website: Posted at the official HCC website with direct PDF access
  • QR Code Access: A QR code has been provided for convenient digital access to the results
  • Transcript Access: Q3 FY 26 Analyst Meet Transcript.pdf available on company website

Corporate Information

Hindustan Construction Company Ltd operates from its registered office at Hincon House, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083. The company maintains its corporate identification number as L45200MH1926PLC001228, reflecting its long-standing presence in the Indian construction sector since 1926.

The company's shares are listed on both BSE (Scrip Codes: 500185, 974246, 974247, 974248, 974249 & 974250) and NSE (Symbol: HCC), providing investors with multiple trading platforms for the company's securities.

Historical Stock Returns for Hindustan Construction Company

1 Day5 Days1 Month6 Months1 Year5 Years
-3.19%-5.13%-20.68%-37.32%-24.02%+137.46%
Hindustan Construction Company
View Company Insights
View All News
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