Manglam Infra wins ₹4.98 Cr order for NH-66 project
Manglam Infra & Engineering Limited has received a Letter of Award (LOA) from the Ministry of Road Transport & Highways (MORTH) for consultancy services. The contract, valued at Rs. 4,98,45,600, involves Independent Engineer services for the operation and maintenance of NH-66 sections in Maharashtra on Hybrid Annuity Mode (HAM). The project scope includes the rehabilitation and up-gradation of highway stretches from Talgaon to Kalmath and Kalmath to Zarap over a 36-month execution period.

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Manglam Infra & Engineering Limited has secured a new order worth ₹4.98 Cr from the Ministry of Road Transport & Highways (MORTH) for Independent Engineer services. The contract was awarded by the Regional Office, Maharashtra & Goa, and involves providing consultancy during the operation and maintenance of specific highway sections. The project will be executed on Hybrid Annuity Mode (HAM).
The scope of work encompasses the rehabilitation and up-gradation of two sections of NH-66 (Erstwhile NH-17) to four lanes with paved shoulders. These sections include the stretch from Km 367/200 to Km 406/030 (Talgaon-Kalmath Section) and from Km 406/030 to Km 450/170 (Kalmath to Zarap Section).
The contract is valued at Rs. 4,98,45,600 and carries an execution period of 36 months. The order was awarded by a domestic entity, and the company confirmed that there are no interests held by the promoter group in the awarding entity. The transaction does not fall under related party transactions.
Project Details
| Particulars | Details |
|---|---|
| Awarding Authority | Ministry of Road Transport & Highways (MORTH), Regional Office, Maharashtra & Goa |
| Nature of Order | Consultancy Services for Independent Engineer services |
| Contract Value | Rs. 4,98,45,600 |
| Execution Period | 36 Months |
| Project Location | Maharashtra (NH-66) |
The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's official website.
Historical Stock Returns for Manglam Infra & Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.40% | -1.96% | -12.28% | -32.07% | -44.07% | -88.81% |
How will this order impact Manglam Infra's revenue growth and order book position for the current fiscal year?
Does the company anticipate securing additional similar consultancy contracts from MORTH in other regions?
What are the potential challenges or opportunities in executing the project under the Hybrid Annuity Mode (HAM)?

























