Artefact Projects Limited Secures ₹32.26 Crore Highway Consultancy Contract from NHAI

Artefact Projects Limited has announced the award of a major highway consultancy contract worth ₹32.26 crores from the National Highways Authority of India (NHAI). The company informed BSE about this significant contract award on December 11, 2025, under Regulation 30 of SEBI listing obligations.

Project Details and Scope

The awarded contract involves providing consultancy services as supervision consultant during operation, maintenance, and Defect Liability Period (DLP) for the 4-lane Raebareli to Prayagraj section of NH-30 (formerly NH-24B) in Uttar Pradesh. The project covers multiple road segments with specific kilometer ranges and includes a link road connection.

Project Parameter:	Details
Contract Value:	₹3,22,63,099 (excluding GST)
Awarding Authority:	National Highways Authority of India
Project Duration:	36 months
Location:	Uttar Pradesh
Highway:	NH-30 (old NH-24B)
Tender ID:	2025NHAI23997211

Road Segments Covered

The consultancy services will cover extensive road segments along the NH-30 corridor:

Km 82.650 to km 83.880
Km 84.635 to km 98.750
Km 103.660 to km 107.260
Km 111.390 to km 115.425
Km 124.345 to km 130.445
Km 133.155 to km 161.450 of existing road section
Link road from km 161.450 to km 641.350 (NH-2)

The project excludes bypasses along the specified sections and involves collaboration with Manglam Infra and Engineering Limited.

Contract Terms and Compliance

The company has received the formal letter of award for this project. The contract represents a domestic order with no related party transactions involved. Artefact Projects confirmed that neither the promoter group nor group companies have any interest in the awarding entity.

Compliance Aspect:	Status
Order Type:	Domestic
Related Party Transaction:	No
Promoter Interest:	No
Arms Length Transaction:	Not Applicable

This highway supervision consultancy contract strengthens Artefact Projects' position in the infrastructure consulting sector, adding substantial value to its order book with a 36-month engagement period.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.59%	-3.72%	-2.17%	-19.06%	-18.92%	+78.32%

Artefact Projects Limited has clinched a significant consultancy contract from the National Highway Authority of India (NHAI), marking a notable development in the infrastructure sector. The contract, valued at Rs. 4.59 crore (excluding GST), involves the supervision of operation and maintenance of a key highway section in Tamil Nadu.

Contract Details

Aspect	Details
Project Scope	Supervision of operation and maintenance
Highway Section	Madurai-Chettikulam-Natham section of NH-785
Contract Duration	60 months
Contract Value	Rs. 4,59,36,910 (excluding GST)
Highway Type	Four-lane divided highway

Project Significance

The awarded contract underscores Artefact Projects' expertise in infrastructure consultancy and its growing presence in the highway maintenance sector. The project's focus on a four-lane divided highway section highlights the increasing emphasis on maintaining and operating India's expanding road network.

Impact on Regional Connectivity

The Madurai-Chettikulam-Natham section of NH-785 is a crucial link in Tamil Nadu's highway network. Proper supervision of its operation and maintenance is expected to ensure smooth traffic flow and enhanced road safety for commuters in the region.

This contract award demonstrates the ongoing efforts of the National Highway Authority of India to maintain and improve the country's highway infrastructure, with a focus on engaging specialized consultancy services for efficient operation and maintenance of key road sections.