Business Update22 May 2026, 11:37 am
Kesar India Arm Secures ₹160 Cr EPC Contract in Mumbai
AI Summary
Kesar India Limited's infrastructure arm, Kesar Infraventures Private Limited, has secured an Engineering, Procurement and Construction (EPC) contract worth approximately ₹160 Crore for a residential development project in Central Mumbai. The contract was awarded by M/s Zee Enterprises and is expected to be executed over 24 months. The project involves the execution of residential towers along with allied infrastructure and amenities.
Key Highlights
- Kesar Infraventures secures ₹160 Crore EPC contract from M/s Zee Enterprises.
- The project involves a large-scale residential development in Central Mumbai.
- The project is expected to be completed over an estimated timeline of 24 months.
- This contract strengthens Kesar Group’s infrastructure and EPC portfolio.
- The project enhances Kesar Group's presence in Mumbai's redevelopment corridor.
Price Impact
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