Ahluwalia Contracts Wins ₹310 Crore Bennett University Project

Project Details and Contract Award

• Awarding Entity: Bennett University (The Times Group), located at Plot No. 8-11, Tech Zone-II, Greater Noida (UP) 201310
• Project Scope: Construction of Block - O1, O2, O3, R1, L and Q at Bennett University
• Contract Value: ₹310.00 Crores (Inclusive of GST)
• Project Type: Institutional Building
• Execution Timeline: 22 months

Transaction Characteristics

• Geographic Scope: Domestic entity and domestic project
• Promoter/Group Interest: No interest from promoter/promoter group/group companies in the awarding entity
• Related Party Status: Not a related party transaction, conducted at arm's length basis

Financial Impact

The contract represents a significant order worth ₹310 crores for the company's construction business, though specific financial impact on revenue/profitability timelines is not quantified in the disclosure.