Madhav Infra Projects Ltd — Updates, 09-04-2025: Company Update

Madhav Infra Projects Limited has received a Letter of Acceptance from the National Highways Authority of India for the four-laning of NH-146, a project covering 10.079 km in Madhya Pradesh. The accepted bid price for this contract is Rs. 323.82 crore. The project is expected to be executed within 730 days.

This new contract enhances the company’s project portfolio, positioning it for potential revenue growth. Investor sentiment may improve as the firm secures significant projects in the infrastructure sector, presenting a positive outlook for future financial performance.