AVP Infracon Limited has bagged a major contract worth approximately Rs 57.57 crore from the Superintending Engineer Highways C and M Thiruvannamalai. The project involves widening the Thiruvannamalai-Thiyagaduragam Road from two lanes to four lanes and strengthening its infrastructure, with completion targeted in 12 months.
AVP Infracon Limited, a Chennai-based infrastructure company, announced the receipt of a significant order to widen and strengthen the Thiruvannamalai-Thiyagaduragam Road. Awarded by the Superintending Engineer Highways C and M Thiruvannamalai, the contract is strictly domestic and covers the expansion of a crucial roadway from two to four lanes, along with structural upgrades to boost safety and transport efficiency.
The total order value is around INR 57.57 crore, with delivery scheduled within 12 months. AVP Infracon clarified that the project does not fall under related party transactions and that neither the company nor its promoter group has any direct interest in the awarding entity, ensuring full compliance with SEBI Listing Regulations.
This contract reinforces AVP Infracon’s positioning as a trusted player in the infrastructure space, contributing to Tamil Nadu’s road network development and improving regional connectivity.
Key Highlights:
AVP Infracon awarded INR 57.57 crore contract for Thiruvannamalai-Thiyagaduragam Road expansion.
Project covers widening from two lanes to four and strengthening of the road structure.
Awarded by Superintending Engineer Highways C and M Thiruvannamalai.
Delivery deadline set for 12 months.
No related party transactions or promoter group interest involved.
Order complies with SEBI Regulations.
Source: AVP Infracon Limited SEBI Disclosure, Company Filing