MUMBAI, India – November 18, 2025 – In a significant development bolstering its order book, Niraj Cement Structurals Ltd. (BSE: 532986, NSE: NIRAJ), a prominent player in the civil infrastructure sector, has officially announced the receipt of a major work order from the Ministry of Road Transport and Highways (MoRTH).
Key Order Details
The company, in a regulatory filing submitted to both BSE Limited and the National Stock Exchange of India (NSE), informed that the order pertains to the “Construction of Mandvi Bypass road from km. 97/200 to km. 104/200 on NH-41 in the State of Gujarat.” The project, spanning a length of 6.1 kilometers, will be executed under the Engineering, Procurement, and Construction (EPC) mode.
The total contract value is pegged at Rs. 50.50 Crores (inclusive of GST), making it a substantial win for the company. As per the disclosure, the project is slated for completion within a strict timeframe of 18 months.
Strategic Importance and Analyst Perspective
This order from a central government ministry like MoRTH is a strong testament to Niraj Cement Structurals’ technical capabilities and its established reputation in the infrastructure space. Awards from government entities are often viewed favorably by the market due to their perceived lower execution risk and reliable payment cycles.
The project aligns with the Indian government’s continued focus on expanding and upgrading the National Highway network, a sector receiving significant capital allocation in the union budget. Securing such projects provides listed entities like Niraj Cement Structurals with long-term revenue visibility and enhances investor confidence.
The company has confirmed that this is not a related party transaction and that its promoters have no interest in the entity awarding the contract, ensuring transparency and governance compliance as mandated by SEBI regulations.
About Niraj Cement Structurals Ltd. (CIN: L26940MH1998PLC114307)
Niraj Cement Structurals Ltd. is an India-based company engaged in the business of civil construction. The company undertakes various infrastructure projects, including bridges, roads, buildings, and other concrete structures. Its expertise lies in executing complex projects, and it has a significant presence in the infrastructure development landscape of the country.
Corporate and Stock Information
- Company Name: Niraj Cement Structurals Ltd.
- CIN: L26940MH1998PLC114307
- BSE Scrip Code: 532986
- NSE Symbol: NIRAJ
- Registered Office: Unit No. 820 to 825, Commercial Building, Wadhwa, Dukes Horizon, ST Road, Nr. R K Studio, D G Patil Road, Mumbai – 400088.
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