NCC shares in focus on receiving Rs 1,480 cr LoA for redevelopment project
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NCC shares may remain in focus on Monday, March 24, after announcing that the company has received a letter of acceptance (LoA) from Bihar Medical Services & Infrastructure Corporation for the redevelopment of Darbhanga Medical College & Hospital at Laheriasarai, Darbhanga. The order size of the project is Rs 1,480.34 crore. “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform that, today the Company has received Letter of Acceptance dated 21st March 2025 from Bihar Medical Services & Infrastructure Corporation Limited for Redevelopment of Darbhanga Medical College & Hospital at Laheriasarai, Darbhanga,” the company informed the stock exchanges. This is a major order for NCC as according to the company’s internal policy, any business order or contract that is worth Rs 1,000 crore (10 billion rupees) or more, excluding GST (Goods and Services Ta...