Manglam Infra wins ₹4.98 Cr order for NH-66 project

1 min read     Updated on 28 Jun 2026, 09:36 PM
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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 Day5 Days1 Month6 Months1 Year5 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)?

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Manglam Infra wins Rs 1.05 crore MPRRDA order

1 min read     Updated on 06 Jun 2026, 04:48 PM
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Manglam Infra & Engineering Limited has secured consultancy orders worth Rs 1,05,30,600 from the Madhya Pradesh Rural Road Development Authority (MPRRDA). The projects involve Detailed Project Report (DPR) consultancy for bridge construction works under the Kshatigrast Bridge Nirman Yojana across four districts. Each order is to be executed within three months.

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Manglam Infra & Engineering Limited has secured consultancy orders worth Rs 1,05,30,600 from the Madhya Pradesh Rural Road Development Authority (MPRRDA). The projects involve Detailed Project Report (DPR) consultancy for bridge construction works under the Kshatigrast Bridge Nirman Yojana across four districts in the state. The orders were disclosed to the National Stock Exchange of India Ltd. on June 6, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company received four separate Letters of Award (LOA) for DPR consultancy services. The projects are located in the districts of Dhar, Narmadapuram, Pandhurna, and Bhopal. All four orders have been awarded by a domestic entity and are to be executed within a period of three months.

Project Breakdown

The following table details the specific packages and their respective values:

S.No. Particulars Total Amount
1. Brg. DPR Consultancy for works under Kshatigrast Bridge Nirman Yojana, Package No. 3-Brg. District Dhar (Nodal PIU- Dhar-1) Rs. 26,06,250
2. Brg. DPR Consultancy for works under Kshatigrast Bridge Nirman Yojana, Package No. 16-Brg. District Narmadapuram (Nodal PIU- Narmadapuram) Rs.21,34,350
3. Brg. DPR Consultancy for works under Kshatigrast Bridge Nirman Yojana, Package No. 12-Brg. District Pandhurna (Nodal PIU- Pandhurna) Rs.27,88,000
4. Brg. DPR Consultancy for works under Kshatigrast Bridge Nirman Yojana, Package No. 18-Brg. District Bhopal (Nodal PIU- Bhopal) Rs.30,02,000
Total Rs. 1,05,30,600

Key Disclosures

The orders were awarded under General Contract Conditions. The disclosure confirms that the promoter, promoter group, or group companies do not have any interest in the entity that awarded the orders. Furthermore, the orders do not fall within related party transactions. The filing was signed by Neha Jain, Company Secretary & Compliance Officer of Manglam Infra & Engineering Limited.

Historical Stock Returns for Manglam Infra & Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-0.40%-1.96%-12.28%-32.07%-44.07%-88.81%

What is the likelihood of Manglam Infra securing the actual construction contracts for these bridges once the DPRs are completed?

How will the successful execution of these three-month projects impact the company's bidding capacity for larger infrastructure tenders?

Does this order indicate a strategic shift in focus towards consultancy services compared to traditional EPC contracts?

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