Purpose | AGM Date | Announcement Date |
---|---|---|
AGM | 25 Sep 2024 | 27 Aug 2024 |
AGM 25/09/2024 It is hereby informed that the NBCCs 64th Annual General Meeting is scheduled to be held on Wednesday, September 25, 2024 at 12:00 noon (IST) through Video Conferencing (VC)/ Other Audio Visual Means (OAVM). (As Per BSE Announcement dated on 24.08.2024) As per regulation 30 of SEBI(LODR) Regulations, 2015, the proceeding of the 64th Annual General Meeting of NBCC (India) Limited held on Wednesday, September 25, 2024 at 12:00 Noon (IST) through video conferencing (VC)/Other audio visual means (OAVM) is hereby submitted as enclosed. Read less.. (As Per BSE Announcement Dated on 25.09.2024) Scrutinizers Report for voting at 64th Annual general meeting of NBCC (India) Limited (As Per Bse Announcement Dated on 26.09.2024) |
Under this collaboration, NBCC will act as a project management consultancy (PMC) contractor for the next two to three years, managing and executing the project.
This memorandum of understanding (MoU) is likely to be worth ₹25,000 crore, and projects will be executed in phases over the next three to five years.
The project also involves the rejuvenation of Rodia Belwala, redevelopment of Sati Kund and its nearby areas as well as Har Ki Pauri and Subhash Ghat redevelopment to bolster the region’s infrastructure
The transaction's total sale value is estimated to be around ₹2,353 crore. The transaction will earn a marketing fee of 1% of the total value of the sale for NBCC.
As per the company’s filing with the bourses, the scope of work includes managing the construction and development of infrastructure at MGIRI.
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The project consists of various buildings, such as the academic block, hostel block, residential block, director's residence, vertical extension of hostels and academic buildings and external development work.
India's state-owned NBCC also reported a 25.1% YoY increase in net profit at ₹138.5 crore in Q3 FY25 compared with ₹110.7 crore in the same quarter last fiscal.
The second order, worth ₹81.35 crore, was bagged by the Indian Institute of Management (IIM) Visakhapatnam.
NBCC secured an order from the Uttar Pradesh Construction and Labour Development Federation Ltd., valued at ₹37.9 crore.
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