NBCC (India) Limited has secured work orders worth ₹76.27 crore from Dharanidhar University, Keonjhar, Odisha, as disclosed in its regulatory filing under Regulation 30. The company announced this significant contract win through an official communication to stock exchanges on February 23, 2026.

Contract Overview and Scope

The comprehensive project encompasses construction of academic buildings, hostel facilities, and other infrastructure development works for the university campus. The contract represents a Project Management Consultancy engagement with Dharanidhar University.

Project Components

The work order covers multiple construction and development activities designed to enhance the university's educational infrastructure. The project includes academic buildings to support teaching activities, hostel buildings for student accommodation, and comprehensive external development works.

Regulatory Compliance

NBCC confirmed that this contract falls within the normal course of business operations. The company has fulfilled all regulatory disclosure requirements under stock exchange regulations, with detailed information made available on the company's official website.

Strategic Impact

This contract award reinforces NBCC's strong position in the educational infrastructure development sector. The project demonstrates the company's expertise in handling comprehensive campus development initiatives that integrate academic, residential, and infrastructure components within a single engagement framework.

NBCC (India) Limited recently hosted a significant diplomatic and business meeting at its New Delhi headquarters, welcoming Vice President of the Republic of Seychelles, H.E. Mr. Sebastien Pillay, along with a high-level delegation. The visit focused on exploring comprehensive infrastructure development opportunities in Seychelles, marking another milestone in India-Seychelles bilateral cooperation.

Meeting Details and Project Scope

During the meeting, detailed discussions were held regarding island infrastructure development in Seychelles. The delegation, led by Vice President Pillay, engaged with Shri K. P. Mahadevaswamy, CMD of NBCC, and other senior company officers to explore potential collaboration opportunities.

NBCC's Track Record and Capabilities

The delegation was presented with comprehensive information about NBCC's capabilities, particularly highlighting the successful execution of the 2000 Social Housing Project at Hulhumale, Maldives. This project demonstration served as a testament to NBCC's expertise in island infrastructure development, with skilled workforce and construction materials from India playing a significant role in the project completion.

The Vice President and delegation members expressed confidence in NBCC's capabilities and appreciation for the detailed presentations made during the meeting, indicating positive prospects for future collaboration.

Existing Partnership and Ongoing Projects

NBCC is currently executing several important projects in Seychelles, demonstrating the company's established presence in the island nation:

• Construction of Indian Chancery Building
• Cultural Centre development
• Residential Units construction

These ongoing projects reflect India's continued commitment to strengthening bilateral ties and development partnership with Seychelles.

Strategic Significance

The meeting builds upon earlier high-level deliberations between NBCC's CMD and the Government of Seychelles during his visit to the island nation in January this year. CMD Mahadevaswamy reaffirmed the company's commitment to delivering high-quality, sustainable infrastructure solutions and expressed confidence in further deepening cooperation with Seychelles across multiple sectors.

The visit of Vice President Pillay underscores the strong and enduring partnership between India and Seychelles, highlighting the shared vision of enhancing infrastructure development and bilateral cooperation in the region.