Ircon International Limited — New Orders, 17-03-2025: Bagging/Receiving of orders/contracts

IRCON has secured an EPC contract for the construction of a new Secretariat Complex in Shillong, Meghalaya, awarded by the Directorate of Urban Affairs. The total value of the contract is approximately ₹1,096.17 crore, with IRCON’s share amounting to about ₹285 crore. The project is expected to be completed within 36 months and represents a significant milestone for the company, enhancing its presence in domestic infrastructure development. This venture not only underscores IRCON's capabilities in handling large-scale projects but also could provide substantial revenue growth over the project timeline. Investors may view this development as a positive indicator of IRCON’s operational expansion and revenue potential.