B.R.Goyal Infrastructure Limited has announced the conclusion of search proceedings conducted by the Income-Tax Department at its registered office and other premises. The company informed BSE Limited on 22 January 2026 that the proceedings, which began earlier in the month, have been completed.

Search Proceedings Timeline

The Income-Tax Department search proceedings concluded on 21 January 2026, following the company's earlier intimation dated 17 January 2026 regarding the initiation of these proceedings. The search covered the company's registered office and certain other premises and locations.

Company Cooperation and Current Status

During the course of the proceedings, B.R.Goyal Infrastructure Limited and its officers extended full cooperation to the Income-Tax authorities. The company furnished all information and documents that were requisitioned during the search proceedings.

As of the date of intimation, the company has not received any notice, communication, order, or demand from the Income-Tax Department in connection with the concluded search proceedings. This indicates that the immediate phase of the investigation has been completed without any immediate regulatory action.

Business Operations Continue

The company has confirmed that its operations and business activities continue in the ordinary course and remain unaffected by the search proceedings. This assurance is significant for stakeholders as it indicates minimal disruption to the company's day-to-day operations.

Regulatory Compliance and Future Updates

B.R.Goyal Infrastructure Limited has committed to maintaining compliance with applicable provisions of the SEBI Listing Regulations. The company stated it will promptly inform the Stock Exchange of any material development, if and when received, in this matter. This commitment ensures transparency and timely disclosure of any future developments related to the concluded search proceedings.

The intimation was signed by Ritika Jhala, Company Secretary and Compliance Officer, maintaining proper corporate governance protocols in communicating with the stock exchange and stakeholders.

B.R.Goyal Infrastructure Limited has announced securing a substantial work order worth ₹60.43 crores from the National Highways Authority of India (NHAI). The company informed stock exchanges about this development through a regulatory filing under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Contract Details and Scope

The work order encompasses user fee collection agency services for the Salemgarh fee plaza located at Km 313.372 of the Gorakhpur-Kasia-UP/Bihar Border Section of NH-28. The project covers the stretch from Km 279.800 to Km 360.915 (New CH: Km. 285.002 to 366.117) in the State of Uttar Pradesh.

Service Components

The contract includes comprehensive fee collection services along with additional responsibilities for infrastructure maintenance. The scope of work extends beyond toll collection to include upkeep and maintenance of adjacent toilet blocks, including recouping consumable items. This demonstrates NHAI's integrated approach to highway facility management.

Regulatory Compliance and Transparency

The company has provided detailed disclosures as required under SEBI regulations. Key compliance aspects include:

• The contract represents a domestic engagement with no international components
• No related party transactions are involved in this award
• The promoter group has no interest in the awarding entity
• The contract was secured through arm's length competitive bidding

Contract Structure and Timeline

Strategic Significance

This NHAI contract represents a significant addition to B.R.Goyal Infrastructure's project portfolio, demonstrating the company's capabilities in highway operations and maintenance services. The engagement with India's premier highway development authority strengthens the company's position in the infrastructure services sector and showcases its ability to secure government contracts through competitive processes.