Niraj Cement Wins ₹82.7 Crore MMRDA Monorail Connectivity Contract

Contract Details

Niraj Cement Structurals Limited has disclosed a significant infrastructure order under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, 2015. The contract has been awarded by Mumbai Metropolitan Region Development Authority (MMRDA), a key nodal agency for transport projects in the Mumbai metropolitan region.​

The work involves creating seamless connectivity between the existing monorail network and other mass transit systems at Mahalaxmi through a Foot Over Bridge (FOB) equipped with travellators, aimed at easing commuter movement and decongesting surface traffic in the area. The project is expected to be completed in 12 months, supporting Niraj Cement’s order book and reinforcing its position in urban transport-related civil works.​

Key Highlights

Awarding authority: Mumbai Metropolitan Region Development Authority (MMRDA).​

Scope of work: Connectivity from SGMC monorail station to Mahalaxmi metro and suburban railway station via FOB with travellator.​

Order nature: Domestic infrastructure contract; not a related-party transaction.​

Contract value and tenure: Approximately ₹82.66 crore with an execution period of 12 months.​

Source: BSE corporate filing by Niraj Cement Structurals Limited