Company Profile

J Kumar Infraprojects has received Letter of Acceptance (LoA) in the capacity of sole bidder, from City and Industrial Development Corporation of Maharashtra (CIDCO) for the work of ‘Design and Construction of Coastal Road from CH 2900 to CH 5800 (MTHL Junction) at Ulwe, Navi Mumbai’ for the total contract cost amounting to Rs 912.28 crore. The order is to be executed within 30 months.

J Kumar Infraprojects is engaged in construction activities. The company designs and constructs roads, bridges, flyovers, subways, over bridges, skywalks and railway terminus/stations, among others.

Indian Hotels Company has invested Rs 35 crore in the equity shares of Zarrenstar Hospitality (Wholly-Owned Subsidiary) by way of subscription to Rights Issue. The funds will be used by the WOS for developing a hotel near Cochin International Airport. The company’s shareholding post this investment remains at 100%.

Sonata Software has planned to set up a delivery centre in Krakow, Poland. The nearshore centre will support the growing demands for business transformation, modernisation and cost optimisation initiatives, from global clients in Europe. Poland, with its rich tech talent pool, favorable economic environment, and best-in-class IT infrastructure, emerges as an ideal location for international companies seeking reliable and highly specialized software houses. Sonata Software plans to make significant investment in the delivery centre in Poland with an aim to advance its regional capabilities, to offer enhanced value to its clients by enabling close-to-client service delivery, and to penetrate the European market effectively.

Bharat Heavy Electricals (BHEL) has received an order from NTPC for setting up the Singrauli Super Thermal Power Project, Stage-III (2x800 MW) in Sonebhadra District, Uttar Pradesh. Broad consideration or size of the order is more than Rs 9500 crore excluding GST.

Advanced Enzyme Technologies has completed the acquisition of additional stake of 5.89% in JC Biotech (JCB), subsidiary of the company by way of purchase of 12,18,976 Equity Shares from few selling shareholders of JCB, for a consideration of Rs 56.07 million i.e. Rs. 46 per Equity Share. In View of this, the shareholding of the company in JCB has increased from 89.83% to 95.72% of paid-up share capital of JCB.  

J Kumar Infraprojects’ joint venture (JV) -- J. Kumar - SMC (JV) has received Letter of Acceptance (LoA) from Navi Mumbai Municipal Corporation for the work of ‘Construction of Creek Bridge Connecting Ghansoli - Airoli along Palm Beach Road at Ghansoli, Navi Mumbai on EPC Mode for the total contract cost amounting to Rs 492.99 crore (excluding GST) and the share of the company is 70% i.e. amounting to Rs 345.09 crore (excluding GST). J.Kumar - SMC (JV) is a Joint Venture formed by the Company with M/s. SMC Infrastructures. The order is to be executed within 30 months.

Alphalogic Techsys has signed Memorandum of Understanding (MoU) with District Administration, Chandrapur in the state of Maharashtra to facilitate the establishment and operationalize industrial activities. The company will establish Grain based Bio-Ethanol Plant with a proposed investment of Rs 160.35 crore. The project is expected to generate employment for 200 peoples and would be located in Tadali Growth Centre in the district of Chandrapur, Maharashtra.

In accordance with the Regulation 30 (4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 read with SEBI Circular SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated July 13, 2023., J. Kumar Infraprojects has informed that the Company is in receipt of LOA in the capacity of sole bidder, from CIDCO for the work of ‘Design and Construction of Coastal Road from CH 2900 to CH 5800 (MTHL Junction) at Ulwe, Navi Mumbai’ for the total contract cost amounting to Rs 912,28,36,877.28. The details pursuant to SEBI Circular SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Annexure - A. This intimation is also being made available on the Company’s website at www.jkumar.com.

The above information is a part of company’s filings submitted to BSE.

J Kumar Infraprojects’ joint venture (JV) -- J. Kumar - RPS (JV) has received Letter of Acceptance (LoA) from Brihanmumbai Municipal Corporation for the work of ‘Proposed construction of Elevated Road Corridor from Eastern Freeway (Orange Gate) to Grant Road Area’ for the total contract cost amounting to Rs 1329.71 crore (excluding GST) and the share of the Company is 70% i.e. amounting to Rs 930.80 crore (excluding GST). The order is to be executed within 42 months.

J Kumar Infraprojects is engaged in construction activities. The company designs and constructs roads, bridges, flyovers, subways, over bridges, skywalks and railway terminus/stations, among others.