According to a regulatory filing, the contract involves the construction of two vehicular underpasses in Sindhudurg district, Maharashtra, to be executed under the Engineering, Procurement and Construction (EPC) mode. The scope of work includes construction of a vehicular underpass at existing chainage 466/650 at Khamdeo Naka in Village Insuli, as well as another vehicular underpass at existing chainage 450/370 at Zarap Sawantwadi Junction.
The total contract value stands at Rs 80.12 crore and the project is scheduled to be completed within a period of 12 months.
Niraj Cement Structurals is engaged in infrastructural services. As of 30 December 2025, the company’s market capitalization stood at Rs 243.79 crore on the BSE.
The company reported a 161.3% surge in consolidated net profit to Rs 5.67 crore despite of 16.8% jump in revenue to Rs 139.88 crore in Q3 FY26 over Q3 FY25.
The counter shed 0.90% to Rs 28.74 on the BSE.