Brahmaputra Infrastructure Limited, pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been declared L-1 (lowest bidder) for a road infrastructure project awarded by Northeast Frontier Railway (NFR), HQ-Engineering.

The company has received a Letter of Acceptance (LOA) for the construction of a Road Over Bridge (ROB) in lieu of Level Crossing No. NC-5 (Manned) at Km 7/9–8/0 between Rangapani and New Jalpaiguri stations in the New Jalpaiguri–Aluabari section.

The project has a total value of ?46.62 crore and is to be executed over a period of 18 months. The contract has been awarded by a domestic entity and will be executed within India.

The company has confirmed that neither the promoter nor the promoter group has any interest in the entity awarding the contract. Further, the order does not fall under related party transactions.