NACDAC Infrastructure Limited has received a substantial completion certificate from the Office of the Project Manager, Construction Unit, Uttarakhand Peyjal Nigam, Haldwani, for its Bus Terminal and Workshop Building project at Ramnagar, Uttarakhand. The announcement was made through a regulatory filing under Regulation 30 of SEBI Listing Regulations on March 06, 2026.

Project Overview and Financial Details

The completed project involves the construction of Bus Terminal and Workshop Building for UTC at Ramnagar, District Nainital, Uttarakhand. The comprehensive infrastructure development demonstrates the company's capabilities in executing complex public sector projects.

Project Components and Scope

The project encompasses construction of a comprehensive transport infrastructure facility with multiple specialized components. The work breakdown includes civil works valued at ₹18,30,49,598 and electrical works worth ₹2,66,69,707.

The construction involved:

• RCC framed structure (Basement + Ground + 1 Floor)
• Comprehensive electrical works
• Plumbing and waterproofing systems
• Steel structure works
• Firefighting systems installation

Strategic Impact

The successful completion strengthens NACDAC Infrastructure Limited's position in the public infrastructure sector, particularly in transport infrastructure development. The project contributes to enhanced operational efficiency and service capability for the Uttarakhand Transport Corporation (UTC) in the Ramnagar region.

The company clarified that this project completion is routine in nature, executed in the normal course of business, and does not result in any change to the business model, risk profile, or financial position beyond what has been previously disclosed.

Company Background

NACDAC Infrastructure Limited specializes in multi-story buildings, steel structures, bridges, allied civil works, and electrical infrastructure including LT and HT systems. Established in 2012, the company holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, reflecting its commitment to quality management, environmental responsibility, and occupational health and safety standards.

NACDAC Infrastructure Limited has announced receiving a Letter of Acceptance from Northern Railway's Ferozpur Division for railway infrastructure development works. The contract, dated March 03, 2026, represents a significant addition to the company's railway sector portfolio and demonstrates its capability in handling complex infrastructure projects.

Contract Overview

The awarded project focuses on "Augmentation of Homing Capacity at ELS/LDH from 200 to 300 Locomotives" at the Electric Loco Shed in Ludhiana. This infrastructure enhancement will contribute to improved operational efficiency and capacity expansion within the Northern Railway network.

Financial and Performance Requirements

The contract requires NACDAC Infrastructure to submit a performance guarantee equivalent to 5% of the contract value, amounting to ₹75,79,049.38. The company must provide this guarantee within 21 days from the Letter of Acceptance date. An earnest money deposit of ₹9,65,000 has been retained as initial security money, with additional security to be recovered from progressive bills at 6% until reaching 5% of the total contract value.

Project Execution Framework

The infrastructure augmentation project will enhance the locomotive homing capacity at the Electric Loco Shed from its current 200 units to 300 units. This expansion aligns with Indian Railways' modernization initiatives and capacity enhancement programs. The contractor must comply with various labour law provisions and register on the Shramik Kalyan portal within 15 days of the LOA issuance.

Company Profile and Capabilities

NACDAC Infrastructure Limited, established in 2012, specializes in construction and infrastructure development across multiple sectors. The company's expertise encompasses:

• Multi-story buildings and steel structures
• Bridge construction and allied civil works
• Electrical infrastructure including LT and HT systems
• Railway infrastructure projects

The company maintains ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, reflecting its commitment to quality management, environmental responsibility, and occupational health safety standards.

Strategic Impact

This contract award reinforces NACDAC Infrastructure's position in the railway infrastructure sector and supports the company's growth in government projects. The project contributes to the broader modernization of Indian Railways infrastructure while expanding the company's portfolio of technically complex assignments. The routine nature of this order aligns with the company's normal business operations without altering its existing business model or risk profile.