Niraj Cement Structural Limited has secured three major infrastructure contracts worth a combined ₹179.65 crores from government agencies, marking a significant boost to its order book. The company announced these developments through regulatory filings under SEBI Regulation 30 on March 06, 2026.

Major Contract Awards

The infrastructure specialist received its largest order from the National Highways Authority of India (NHAI) valued at ₹91.33 crores. This contract involves the construction of three vehicular underpasses and one flyover along the Puintola to Icchapuram section of NH-16 in Odisha.

Maharashtra Infrastructure Project

The Ministry of Road Transport and Highways (MoRTH) awarded Niraj Cement Structural Limited a contract worth ₹80.12 crores for vehicular underpass construction in Maharashtra. The project encompasses two underpass constructions in Sindhudurg District.

Odisha Bridge Construction

The Public Works Department (PWD) of Odisha granted the company an ₹8.20 crore order for bridge construction across Jeriguda Nallah at NH-326. This project represents the smallest of the three contracts but adds to the company's diverse project portfolio.

Contract Summary

All three contracts are domestic projects awarded by government entities and will be executed on EPC mode. The projects demonstrate the company's capabilities across different infrastructure segments including underpasses, flyovers, and bridge construction.

The company confirmed that none of these contracts involve related party transactions and that promoter groups have no interest in the awarding entities. These orders strengthen Niraj Cement Structural Limited's position in the infrastructure construction sector and provide substantial revenue visibility for the coming months.

Niraj Cement Structurals Limited has secured two major work orders worth ₹230.06 crores from Northeast Frontier Railway (NF Railway), the company announced in a regulatory filing. The orders represent significant business wins for the infrastructure development company in the railway construction segment, with the contract value exceeding the company's current market capitalization of ₹221.29 crores.

Order Details and Scope

The company received two distinct work orders from NF Railway, each with specific construction requirements and timelines:

Bridge Construction Project

The first order, valued at ₹50.95 crores including GST, involves the construction of substructure and superstructure for Bridge No. 312/A. The project specifications include:

• Span configuration: 1x24.0m + 1x36.0m + 1x24.0m Welded Steel Composite Girder
• Type: Road Over Bridge at Chainage 199/3-4 km over State Highway
• Location: Between Bilasipara-Chapar stations
• Connection: New Maynaguri-Jogighopa New B.G. Line Project
• Completion timeline: 12 months

Multi-Infrastructure Development Project

The larger order worth ₹179.11 crores includes comprehensive infrastructure development work:

• Construction of nine minor bridges
• Balance wing walls and return walls for various major bridges
• Height gauges installation in Road Under Bridges (RUBs)
• Miscellaneous and ancillary works under Dy. CE/Con/NJP
• Work scope covers Araria-Galgalia Project
• Additional height gauges for RNI-BPMS siding
• Project duration: 9 months

Market Impact and Financial Significance

The order wins are particularly significant given the company's financial scale:

Regulatory Compliance

Niraj Cement Structurals Limited disclosed these order wins pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that:

• Both orders are from domestic entities
• No promoter or group company interest exists in the awarding entity
• The contracts do not fall under related party transactions
• All work will be executed through the company's joint venture structure

The orders strengthen the company's position in railway infrastructure development and demonstrate its capability to handle complex bridge construction and multi-faceted infrastructure projects across India's expanding railway network.