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BOM:534309

4 stories mentioning BOM:534309Updated 17d ago

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Asia

NBCC (India) Bags 5 Billion INR Projects

NBCC (India) (NSE:NBCC, BOM:534309) was awarded certain projects worth a total of 5.01 billion rupees, according to a Tuesday Indian bourse filing.The largest project comprises the construction of 2256 science laboratories in 922 government schools in Rajasthan for 4.31 billion rupees.The remaining works include an engineering procurement construction contract and project management agency projects for the construction of tourist facilities and a CSR school project.

BOM:534309NSE:NBCC
Asia

NBCC (India) Wins Two Construction Contracts; Shares Up 3%

NBCC (India) (NSE:NBCC, BOM:534309) received two work orders for construction projects from Navodaya Vidyalaya Samiti and Indian Bank (NSE:INDIANB, BOM:532814), according to a Saturday filing on Indian bourses.Shares of the company rose nearly 3% in Monday's trade.Navodaya Vidyalaya Samiti awarded NBCC a project worth 69.2 million rupees for extension work of an existing school building and additional staff quarters, the filing said.Separately, Indian Bank awarded NBCC a 356.3 million rupees contract for the construction of office premises in Andhra Pradesh.

BOM:534309NSE:NBCC
Asia

NBCC (India) Emerges as Highest Bidder for Commercial Tower in New Delhi, India

NBCC (India) (NSE:NBCC, BOM:534309) has emerged as the highest bidder in an e-auction for the purchase of a commercial tower at the Bharat Business Park, Sarojini Nagar in New Delhi, India, according to a Friday filing to the Indian stock exchanges.The total investment by the construction and infrastructure company for the proposed purchase is estimated at 13.7 billion Indian rupees, payable in stages on a construction-linked basis.The acquisition is subject to the completion of necessary formalities and execution of definitive agreements.The company's shares were up nearly 1% in recent trade.

BOM:534309NSE:NBCC
Asia

NBCC (India), HUDCO Sign MoUs for Redevelopment, Asset Monetization

NBCC (India) (NSE:NBCC, BOM:534309) and Housing and Urban Development Corp. (NSE:HUDCO, BOM:540530) signed two memorandums of understanding, according to a Monday filing on Indian bourses.The first MoU covers redevelopment of a leasehold plot of about 18,830 sq m at Bhikaji Cama Place in New Delhi, India. This includes feasibility study, construction, project management and monetization of built-up space, the filing said.The second MoU relates to asset monetization of self-sustainable model projects of NBCC. Under the deal, HUDCO will provide funding, subject to government approval, while NBCC will offer project management and consultancy services, it added.

BOM:534309BOM:540530NSE:HUDCONSE:NBCC

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