IRCON International Secures ₹510 Crore Order for Eklavya Model Residential Schools in Meghalaya
Ircon International has been awarded a ₹510.47 crore contract by Meghalaya Infrastructure Development & Finance Corporation Limited for the construction of Eklavya Model Residential Schools at eight locations in Meghalaya. The project, part of Package-II, involves Design, Engineering, Procurement, and Construction (EPC) of these schools with a 36-month duration. This domestic EPC contract aims to enhance educational infrastructure for tribal students in remote areas. The company also announced its 49th Annual General Meeting scheduled for September 18, 2025, via video conferencing.

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Ircon International Limited, a leading engineering and construction company, has announced a significant new order worth ₹510.47 crore. The company has been awarded a Letter of Award (LOA) from Meghalaya Infrastructure Development & Finance Corporation Limited, Shillong, Meghalaya.
Project Details
The project involves the construction of Eklavya Model Residential Schools at eight different locations in the state of Meghalaya. Ircon International will be responsible for the Design, Engineering, Procurement, and Construction (EPC) of these schools. This order falls under Package-II of the project.
Contract Specifics
Item | Details |
---|---|
Awarding Entity | Executive Director (Technical), Meghalaya Infrastructure Development & Finance Corporation Limited, Shillong, Meghalaya, India |
Contract Type | Domestic EPC Contract |
Project Duration | 36 Months |
Contract Value | ₹510,46,87,186.39 |
Significance of the Project
This order is part of the broader initiative to establish Eklavya Model Residential Schools across India, aimed at providing quality education to tribal students in remote areas. The project in Meghalaya will contribute significantly to the educational infrastructure in the state, potentially benefiting thousands of students.
Company Disclosure
Ircon International has confirmed that this contract does not fall under related party transactions, and neither the promoter nor the promoter group has any interest in the awarding entity.
The company's ability to secure such a substantial order underscores its strong position in the infrastructure development sector, particularly in educational projects. This contract is expected to contribute positively to Ircon International's order book and future revenue streams.
Investors and stakeholders will be keenly watching the execution of this project, as it represents a significant opportunity for the company to showcase its expertise in delivering large-scale educational infrastructure projects.
Upcoming Annual General Meeting
In related news, Ircon International has announced that its 49th Annual General Meeting (AGM) will be held on Thursday, September 18, 2025, at 12:30 P.M. through Video Conferencing or Other Audio Visual Means. The company has set September 11, 2025, as the cut-off date for e-voting eligibility and as the record date for the final dividend for the financial year 2024-25, if declared at the AGM.
As Ircon International continues to secure significant projects and maintain transparency with its shareholders, the company appears well-positioned for growth in the infrastructure sector.
Historical Stock Returns for Ircon International
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+0.82% | +2.67% | -8.80% | +10.76% | -35.37% | +257.61% |