StockWatch
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Non Banking Financial Company (NBFC)
Deals28 May 2026, 11:49 pm

Maruti Global Bags ₹22.99 Cr Sub-Contract from KMC for NH-66 Works

AI Summary

Maruti Global Industries Limited has secured a sub-contract work order from KMC Constructions Limited, valued at approximately ₹22.99 Crores. The order involves the execution of structural works, retaining walls, RCC drains, major bridges, and flyovers as part of the NH-66 Vengalam to Ramanattukara EPC contract awarded to KMC by NHAI. This domestic work order is considered part of the company's normal course of business and is anticipated to positively impact its operational performance.

Key Highlights

  • Maruti Global received a sub-contract worth approximately ₹22.99 Crores.
  • Order from KMC Constructions for NH-66 infrastructure project.
  • Scope includes structural works, bridges, and flyovers.
  • Expected to contribute positively to the company's operational performance.
  • The contract is domestic and in the normal course of business.