H.G. Infra Engineering Secures INR 274 Crore Order from DLF Cyber City
Filing Summary
H.G. Infra Engineering Limited has received an order from DLF Cyber City Developers Limited for infrastructure works at DLF Downtown, Phase-2 in Gurugram, Haryana. The project involves executing access road network works with a bid project cost of INR 274 crore. The construction period is set for 548 days. This order is domestic and follows the item rate/BOQ mode. There is no promoter group interest or related party transaction involved. The order was disclosed under SEBI regulations, ensuring compliance with listing obligations and disclosure requirements.
H.G. Infra Engineering Limited has announced the receipt of an order from DLF Cyber City Developers Limited for infrastructure works at the DLF Downtown, Phase-2 project located in Sector-25A, Gurugram, Haryana. The order involves executing the access road network works with a bid project cost of INR 274 crore. The construction period for this project is specified as 548 days.
The order was awarded under the item rate/BOQ mode, and it is classified as a domestic contract. The project is part of the infrastructure development at DLF Downtown, Phase-2, which is a significant undertaking in the region. The financial terms exclude taxes such as GST and Labour Cess, which will be applied as applicable.
According to the filing, there is no involvement of the promoter or promoter group in the entity awarding the contract, and the order does not fall under related party transactions. The disclosure of this order complies with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and adherence to regulatory standards.
DLF Cyber City Developers Limited is a prominent player in the real estate sector, focusing on developing commercial and residential properties. The company is known for its large-scale projects and strategic developments in key urban areas.
H.G. Infra Engineering Limited is a leading infrastructure company in India, specializing in engineering, procurement, and construction services. The company focuses on delivering high-quality infrastructure projects, including roads, highways, and bridges, contributing to the country’s development. H.G. Infra Engineering is committed to expanding its project portfolio and enhancing its operational capabilities.