NBCC (India) Limited has announced a significant partnership with Kendriya Vidyalaya Sangathan, marking a strategic expansion in the educational infrastructure sector. This agreement positions the company to undertake construction and renovation projects across India's extensive network of Kendriya Vidyalayas.

Partnership Details

The collaboration encompasses a comprehensive scope of work involving both new construction and renovation activities for educational facilities. NBCC will serve as the primary contractor for various infrastructure development projects under this arrangement.

Service Offerings

Under this agreement, NBCC will provide specialized project management consultancy services tailored to the educational sector's requirements. The company's expertise in infrastructure development will be leveraged to ensure efficient project execution and delivery.

Project Valuation Structure

The financial framework of this partnership follows a flexible approach, with project values to be determined individually for each assignment. This structure allows for customized engagement based on specific project requirements, scope, and complexity.

This partnership represents NBCC's continued focus on expanding its presence in the public sector infrastructure development space, particularly in the education domain where there is significant demand for modern facilities and infrastructure upgrades.

NBCC (India) Limited has informed stock exchanges about a significant operational change in its Dubai-based subsidiary, marking a strategic shift in its international business approach.

Subsidiary Business Object Modification

The company's wholly owned subsidiary, NBCC Overseas Real Estate LLC, located in Dubai Mainland, UAE, has officially changed its business object. The modification involves a shift from the previous focus of "Buying and Selling the Real Estate" to "Real Estate development."

Regulatory Compliance and Documentation

The Dubai authorities have issued a new commercial license reflecting this change on January 27, 2026. This regulatory approval enables the subsidiary to operate under its revised business mandate in the UAE market.

The company has maintained transparency by making this information available on its official website at the announcements and notices section. This follows the original intimation dated May 16, 2025, when NBCC first informed exchanges about the incorporation of this wholly owned subsidiary.

Corporate Structure Enhancement

This development represents NBCC's continued expansion of its international operations through its Dubai subsidiary. The shift from trading real estate to development activities indicates a more active role in the UAE's real estate sector, potentially allowing for greater involvement in construction and project development activities.

The company has fulfilled its disclosure obligations under Regulation 30, ensuring all stakeholders are informed of this material change in subsidiary operations.