Active Infrastructures Limited — Important, 15-04-2025: General Updates

Active Infrastructure Limited has executed a Sub-Consultancy Agreement with Nippon Koei India Private Limited for a fee of INR 37.12 Crores. The agreement involves conducting trial bore investigations using NX diamond drill techniques across various soil types for the Wainganga-Nalganga River Link Project, a significant initiative by the Vidarbha Irrigation Development Corporation, Government of Maharashtra.

The scope of work includes supplying necessary materials and preserving samples, with completion expected within three months. This collaboration is poised to enhance the company's operational capabilities in infrastructure development, presenting a positive outlook for future projects and growth. Investors should watch closely for progress updates on this strategic engagement and potential impacts on financial performance.