Niraj Cement Structurals Limited has officially announced the receipt of a new work order from the Ministry of Road Transport and Highways valued at Rs 50.50 crore including GST. The award pertains to the construction of the Mandvi Bypass road, covering the stretch from km 97/200 to km 104/200 on National Highway 41 in the state of Gujarat. The total project length is 6.1 kilometres and the work will be carried out under the EPC mode of execution.

This intimation has been submitted to both BSE Limited and the National Stock Exchange of India in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015. The company has further confirmed that the project is a domestic contract awarded by a Government of India ministry and does not involve any related party transactions. The promoter or promoter group has no interest in the awarding authority.

The contract specifies a completion period of 18 months, during which the company is expected to execute all construction activities related to the creation of the bypass. The project aims to improve connectivity, reduce traffic congestion, and streamline vehicular movement in the Mandvi region along NH 41.

The disclosure forms part of the companys ongoing communication practice with stock exchanges, ensuring transparency and timely updates for shareholders and stakeholders. With the addition of this project, Niraj Cement Structurals Limited continues to strengthen its presence in the national road construction and infrastructure development sector, reinforcing its capabilities in EPC based highway projects.

This work order is anticipated to support the companys revenue visibility and operational pipeline over the upcoming quarters. It is also expected to contribute to enhanced regional infrastructure and roadway safety in Gujarat as part of the ongoing national programme for highway expansion and modernization.

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