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J. Kumar Infraprojects informs about letter of acceptance from CIDCO

22 Oct 2021 Evaluate

J. Kumar Infraprojects has informed that the Company is in receipt of Letter of Acceptance from City and Industrial Development Corporation of Maharashtra (CIDCO) for Design & Construction of connecting Road from Jalmarg, Sector-16, Kharghar to Sector-11 in CBD & balance link between Sector-15 CBD to Water Transport Terminal in Nerul, Navi Mumbai worth Rs 2,05,49,47,000 in the name of J. Kumar - J.M. Mhatre (Joint Venture) where the share of J. Kumar Infraprojects is 50% which comes to around Rs 1,02,74,73,500.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 3845.65
Kalpataru Projects 1397.10
NCC 131.65
Rail Vikas Nigam 206.10
KEC International 392.50
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