B.L. Kashyap & Sons Bags ₹364 Crore Civil Construction Order in Chennai

B.L. Kashyap and Sons Limited, a well-known name in India’s construction and infrastructure space, announced on December 30, 2025, that it has successfully bagged a major domestic order for a large commercial development project in Chennai.

The development was officially disclosed to the stock exchanges in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the New Order

Here are the important highlights of the contract received by the company:

• Awarding Entity:
  ESNP Property Builders and Developers Private Limited, an Indian private company.

• Project Nature:
  The order involves civil and structural works for the commercial project titled
  “Embassy Splendid Tech Zone – Block” located at Pallavaram, Chennai.

• Order Value:
  The total contract value stands at ₹3,640.70 million, which translates to ₹364.07 crore.
  The project falls under the Special Economic Zone (SEZ) category.

• Execution Timeline:
  The project is expected to be completed within approximately 24 months.

• Business Classification:
  This order has been received in the ordinary course of business, aligning with the company’s core expertise in civil and structural construction.

Governance and Compliance Aspects

• The order is a domestic contract.

• The counterparty is not a listed Indian entity.

• There is no promoter or promoter group interest in the awarding company.

• The transaction does not qualify as a related party transaction.

These confirmations reinforce transparency and strong corporate governance practices.