In October, Afcons had bagged a contract worth about ₹576 crore (including GST) for civil and allied infrastructure works. Shares of Afcons Infrastructure Limited ended at ₹409.60, up by ₹5.25, or 1.30%, on the BSE today, December 1.

Afcons Infrastructure secures ₹884 crore EPC orders in November

Afcons Infrastructure Secures ₹884 Crore Orders in November

Afcons Infrastructure Ltd, a part of the Shapoorji Pallonji group, has announced securing orders valued at ₹884 crore in November for civil infrastructure works under its marine and industrial business unit.

The contracts, which fall under the engineering, procurement, and construction (EPC) category, were booked across the marine and industrial BU during the month.

Previous Contracts

In October this year, Afcons Infrastructure bagged a contract worth about ₹576 crore (including GST) for civil and allied infrastructure works.

Inspection Letter Issued

Afcons Infrastructure has received an inspection letter under Section 206(5) of the Companies Act, 2013, from the office of the regional director (RD), western region, Ministry of Corporate Affairs (MCA).

Key Points

Additional projects covered under the inspection letter.
Inspection period extended up to FY2024-25.
Request for clarifications on alleged non-compliances and accounting-related matters.