IL&FS Engineering and Construction Company has secured a subcontract worth Rs 414.05 crore for the design and construction of the Jaipur Metro Phase-II MRTS project. The contract, awarded by Jaipur Metro Rail Corporation Limited, encompasses the development of an elevated viaduct and ten elevated stations. This portion of the work represents 49% of the total contract value.

The project scope includes stations at Prahladpura, Manpura, Bilwa Kalan, Goner Mod, Sitapura, JECC, Kumbha Marg, Haldighati Gate, and Pinjrapole Gaushala, excluding architectural finishing. The construction will span from chainage -600 m to 11400 m and includes a spur line towards the depot. The total cost of Rs 414.05 crore is inclusive of GST and other taxes.

The company received the Letter of Award from the Lead Member of the Consortium, acting as the Main Contractor. This disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015.

Project Details

The stations to be constructed are located along a specific stretch, with the work excluding architectural finishing for the Pinjrapole Gaushala station. The subcontract arrangement positions IL&FS Engineering and Construction Company as a key partner in the expansion of the Jaipur Metro rail network.

Infrastructure Leasing & Financial Services Limited has confirmed that no encumbrance has been created on the shares of il&fs engg & const company . The declaration, submitted to the National Stock Exchange of India Limited on April 07, 2026, was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure confirms that the promoter, along with IL&FS Financial Services Limited as the Person Acting in Concert (PAC), holds investments in the company without any direct or indirect encumbrance on the shares.

The filing was addressed to the Listing Department of the exchange. The disclosure is a statutory requirement aimed at ensuring transparency regarding the holding status of shares by promoters and PACs. The declaration explicitly states that no encumbrance has been made by the company directly or indirectly.

The following table outlines the key details of the disclosure:

The submission was signed by Shekhar Prabhudesai, Company Secretary. The exchange has been requested to acknowledge receipt of the disclosure and take it on record.