Manglam Infra & Engineering Limited — Important, 25-02-2025: Updates

Manglam Infra & Engineering Limited has received a Letter of Acceptance from the Border Roads Organization for engaging a technical consultant to prepare a feasibility study and detailed project report for the construction of a new road alignment in Arunachal Pradesh. The contract, valued at ₹66.57 lakh (66.57 Cr), entails a project of 25 km and is expected to be executed within approximately six months. This development signifies a strategic opportunity for the company, aligning with infrastructure growth initiatives in the region. Investors should monitor this project closely, as successful execution could enhance the company's reputation and open doors for future projects.