NCC Secures ₹790 Crore Order, Bolstering Project Portfolio

1 min read     Updated on 25 Aug 2025, 02:47 PM
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Reviewed by
Naman SharmaBy ScanX News Team
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Overview

NCC Limited has secured a new order valued at ₹790.00 crores, significantly enhancing its order book. While specific project details are undisclosed, the order's size suggests a major infrastructure or construction project. This win is expected to strengthen NCC's market position, demonstrate its execution capabilities, and improve revenue visibility. The order comes amid increased activity in India's infrastructure sector, reflecting a healthy demand environment.

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*this image is generated using AI for illustrative purposes only.

NCC Limited , a prominent player in the construction and infrastructure sector, has announced a significant addition to its order book. The company has secured a new order valued at ₹790.00 crores, marking a substantial boost to its project pipeline.

Order Details

The newly acquired order, worth ₹790.00 crores, represents a notable win for NCC. While specific details about the project's nature and location have not been disclosed, the size of the order suggests it could be a significant infrastructure or construction project.

Implications for NCC

This new order is likely to have positive implications for NCC:

  1. Enhanced Order Book: The ₹790.00 crore order will strengthen NCC's overall order book, potentially improving its revenue visibility for the coming quarters.

  2. Market Position: Securing large-scale projects reinforces NCC's position as a key player in the infrastructure and construction sector.

  3. Execution Capabilities: The award of this substantial order reflects confidence in NCC's ability to handle large-scale projects effectively.

Industry Context

The securing of this order comes at a time when the infrastructure sector in India is seeing increased activity, driven by both government initiatives and private sector investments. NCC's ability to win such significant orders may indicate a healthy demand environment in the construction and infrastructure space.

Looking Ahead

As NCC moves forward with this new project, investors and industry observers will likely be keen to see how it impacts the company's financial performance in the coming quarters. The execution of this order, along with others in its portfolio, will be crucial in determining NCC's growth trajectory and market position in the competitive construction landscape.

NCC's success in securing this ₹790.00 crore order underscores its continued relevance and competitiveness in the infrastructure sector. As more details emerge about the nature and scope of this project, it will provide further insights into the company's strategic direction and operational focus.

Historical Stock Returns for NCC

1 Day5 Days1 Month6 Months1 Year5 Years
-1.63%-3.18%-0.14%+20.43%-32.97%+497.78%

NCC Limited Secures 89.60% Creditor Approval for Scheme of Arrangement

1 min read     Updated on 15 Aug 2025, 12:32 AM
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Reviewed by
Radhika SahaniBy ScanX News Team
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Overview

NCC Limited has obtained approval from 89.60% of its secured creditors for a Scheme of Arrangement involving NCC Infrastructure Holdings Limited. The scheme, approved at a meeting on August 14, 2025, involves ₹2,032.98 crores of debt. Major creditors including State Bank of India, Canara Bank, and Standard Chartered Bank supported the scheme. The approval paves the way for potential streamlining of operations and improved financial structure for the construction and infrastructure company.

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*this image is generated using AI for illustrative purposes only.

NCC Limited , a prominent player in the construction and infrastructure sector, has successfully obtained approval from a significant majority of its secured creditors for a proposed Scheme of Arrangement. The scheme involves NCC Infrastructure Holdings Limited (Transferor Company) and NCC Limited (Transferee Company).

Creditor Meeting Details

The adjourned meeting of secured creditors, held on August 14, 2025, saw a strong turnout with 18 secured creditors representing approximately 92.25% of the total outstanding secured debt in attendance. The meeting, conducted under the supervision of the National Company Law Tribunal (NCLT), was chaired by Mr. Md. Hidayathullah Shareef.

Voting Outcome

The voting results were decisively in favor of the proposed scheme:

  • 17 out of 18 secured creditors voted in favor, representing about 89.60% in value of the total outstanding secured debt.
  • One secured creditor abstained from voting.
  • No votes were cast against the scheme.

Key Participants

Several major banks and financial institutions were among the creditors who supported the scheme:

Creditor Debt Due (₹ in Crores)
State Bank of India 432.08
Canara Bank 379.73
Standard Chartered Bank 300.00
Union Bank of India 200.00
ICICI Bank Limited 97.00
IDBI Bank 112.21
Punjab National Bank 99.28

Financial Implications

The total debt amount involved in this Scheme of Arrangement is ₹2,032.98 crores. This substantial figure underscores the significance of the creditors' approval for NCC Limited's financial restructuring plans.

Procedural Notes

Mr. Srikant Kumar Puthi, a Practicing Company Secretary, served as the Scrutinizer for the voting process, which was conducted through ballot papers. The meeting's outcome and the Scrutinizer's report will be submitted to the NCLT for further proceedings.

Background

It's worth noting that the creditor meeting faced several adjournments before reaching this conclusion. Originally scheduled for January 2025, the meeting was postponed three times before finally being held in August 2025.

The approval of this Scheme of Arrangement marks a significant milestone for NCC Limited, potentially paving the way for streamlined operations and improved financial structure. As the process moves forward, stakeholders will be keenly watching the implementation of the scheme and its impact on the company's future performance in the infrastructure sector.

Historical Stock Returns for NCC

1 Day5 Days1 Month6 Months1 Year5 Years
-1.63%-3.18%-0.14%+20.43%-32.97%+497.78%
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