Konstelec Engineers Limited has entered into a joint venture agreement with Hindustan Construction Company Limited (HCC) to jointly participate in the bidding and execution of upcoming nuclear infrastructure projects in India. This strategic partnership aims to leverage HCC's infrastructure execution leadership with Konstelec's engineering and electrical EPC expertise to establish a strong presence in the country's expanding nuclear energy ecosystem.

Joint Venture Structure

The joint venture has been established to undertake Engineering, Procurement and Construction (EPC) services for nuclear infrastructure. This includes participation in tenders related to the design, engineering, procurement, construction, installation, testing, and commissioning of isotope production reactor facilities and associated auxiliary systems.

Strategic Implications

This development marks a significant step in Konstelec's strategy to expand its presence in critical infrastructure projects. The joint venture is positioned to pursue high-value opportunities within India's nuclear power ecosystem, capitalizing on the sector's growth potential driven by the country's focus on clean and reliable energy generation.

Amish Shah, Managing Director at Konstelec Engineers Limited, stated that the formation of this joint venture is an important step in participating in large-scale and technically advanced infrastructure projects. He highlighted that the nuclear infrastructure segment presents significant long-term opportunities, supported by India's growing energy requirements.

Konstelec Engineers Limited has scheduled a virtual meeting with analysts and investors to discuss its performance and business outlook. The interaction is set to take place on July 1, 2026, at 4:00 PM IST. The company stated that the discussion will be strictly confined to information already available in the public domain, ensuring no unpublished price sensitive information (UPSI) is shared.

The meeting is being conducted pursuant to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates timely disclosure of material events to ensure transparency for shareholders.

The following table outlines the details of the scheduled interaction:

Konstelec Engineers noted that the schedule is subject to change due to exigencies on the part of the analysts, institutional investors, or the company. The intimation was submitted to the National Stock Exchange of India Limited by Deekchha Sanjay Pandey, Company Secretary and Compliance Officer.