j kumar infraprojects has secured Letters of Acceptance worth ₹2,487.65 crores for two major infrastructure projects in Mumbai, pursuant to Regulation 30(4) of the SEBI Listing Regulations, 2015. The orders have been received from domestic entities and are expected to strengthen the company's order book in the infrastructure segment.

The first Letter of Acceptance has been awarded by Mumbai Metro Rail Corporation Limited for the design and construction of a pedestrian vestibule underground connecting Science Centre Metro station and Worli Promenade through Mahalaxmi Racecourse. The total contract cost for this project amounts to ₹521.77 crores, excluding GST. The project is to be executed within a period of 24 months.

The second order has been received from MCGM (Municipal Corporation of Greater Mumbai) for the design and construction of vehicular bridges and elevated roads in the P/North Ward of Malad (West). The total contract cost for this project is ₹1,965.88 crores. The project has been awarded to J. KUMAR-RPS (JV), with J. Kumar Infraprojects Limited holding a 73% share in the joint venture, amounting to ₹1,435.09 crores. The execution period for this project is 42 months.

Project Details

The company confirmed that neither the promoter group nor group companies have any interest in the entities that awarded these orders. Additionally, the orders do not fall within related party transactions. The intimation regarding these orders has been made available on the company's website at www.jkumar.com .

J Kumar Infraprojects Limited has officially received the Letter of Acceptance for a major EPC contract worth ₹1,184 crores from the Superintending Engineer, PMGSY Circle P.W.D. Lucknow. The contract award represents a significant achievement for the infrastructure development company as it expands its project portfolio in Uttar Pradesh with a confirmed 24-month completion timeline.

Project Details and Scope

The awarded contract encompasses the comprehensive design, engineering, and procurement of construction for an International Exhibition-cum-Convention Centre designed to accommodate 10,000 people. The facility will be constructed at Vrindavan Yojna, Sector-15 in the district of Lucknow, Uttar Pradesh, following the EPC (Engineering, Procurement, and Construction) model.

Financial Structure and Terms

The contract price of ₹1,184 crores is structured to include all taxes and labour cess, with GST being excluded from this amount. This pricing structure provides clarity on the financial obligations and ensures comprehensive coverage of project costs excluding the goods and services tax component.

Regulatory Compliance and Disclosure

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015. The disclosure follows established guidelines for material contract announcements by listed companies.

Strategic Significance

This substantial contract award reinforces J Kumar Infraprojects Limited's position in the infrastructure development sector, particularly in the construction of large-scale public facilities. The confirmed 24-month execution timeline demonstrates the company's commitment to timely project delivery while managing complex infrastructure requirements. The project's focus on creating a modern convention centre facility aligns with the growing demand for world-class exhibition and convention infrastructure in major Indian cities.