Deepak Builders & Engineers India Limited has submitted a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding a significant project award.
The company has emerged as the L1 (lowest) bidder for a major Engineering, Procurement and Construction (EPC) project. The project involves Planning, Design, Engineering, Procurement and Construction of various building infrastructure facilities and allied estate services for Shri Krishna AYUSH University located in Kurukshetra, Haryana.
The total bid project cost is approximately ₹559.50 Crores, inclusive of GST. This represents a substantial contract value for the company.
The project falls under the jurisdiction of the Department of Haryana State Industrial & Infrastructure Development Corporation Limited (HSIIDC), which is based in Industrial Estate, Karnal, Haryana.
The company has committed to providing further updates regarding any additional developments related to this project. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.