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This construction Multibagger Bags Orders Worth ₹1103.56 Crore

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Ahluwalia Contracts (India) Ltd., a leading engineering and construction firm, has announced a significant boost to its project portfolio with the acquisition of two major construction orders cumulatively worth ₹1103.56 crore. The company disclosed this development through an official communication dated June 27, 2025, in compliance with Clause 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of New Projects

The first order has been awarded by Whiteland Corporation Pvt. Ltd. for the construction of an “Urban Resort” comprising multiple residential towers at Sector-103, Gurugram. This premium housing project, with a contract value of ₹821 crore (excluding GST), is expected to be completed within 36 months.

The second project comes from Nestled Haven Estates Private Limited and Maia Estates Private Limited. This group housing project, titled “The Beacon”, is located in Bengaluru and involves civil structure and architectural finishing works. The contract value for this project stands at ₹282.56 crore (excluding GST), with an execution timeline of 32 months.

Domestic Focus and Independent Awards

Both projects have been awarded by domestic entities, reinforcing Ahluwalia Contracts’ strong foothold in India’s booming residential construction segment. The company also clarified that these contracts are not related party transactions and that the promoter or promoter group has no interest in the entities awarding the contracts.

Strategic Implications

These wins are aligned with Ahluwalia Contracts’ strategic growth plans, enhancing its presence in key metro regions like Gurugram and Bengaluru. With robust execution timelines and substantial project values, the new contracts are expected to significantly contribute to the company’s top line over the next few years.

Ahluwalia Contracts continues to demonstrate its leadership in India’s construction industry by consistently securing high-value projects. With these latest orders, the company not only fortifies its project pipeline but also reiterates its commitment to quality and timely delivery in residential infrastructure. Investors and stakeholders can look forward to improved financial performance in the upcoming quarters as these contracts progress through execution.

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