Manglam Infra & Engineering Limited Secures Rs 43 Lakh Contract for DPR Consultancy in Madhya Pradesh
Manglam Infra & Engineering Limited has secured a contract from the Madhya Pradesh Rural Road Development Authority (MPRRDA) to handle the Preparation of Detailed Project Report (DPR) for bridges under the PMGSY-IV project.The company received the Letter of Award (LOA) from MPRRDA, Bhopal, M.P., for works related to Bridges Package No. PMGSVY-IV /DAJGUA/Brg./12 in Barwani District. The contract value for this assignment is Rs 43,61,256/- excluding GST.
The project details confirm that Manglam Infra & Engineering Limited will be executing the consultancy work over a period of three months. The authority awarding the order is identified as a domestic entity, and the nature of the contract involves preparing the DPR for bridges.
Key specifics of the project award include:
| Particulars | Details |
|---|---|
| Awarding Entity | Madhya Pradesh Rural Road Development Authority (MPRRDA), Bhopal, M.P. |
| Nature of Project | Preparation of DPR of Bridges |
| Contract Value | Rs 43,61,256/- (excluding GST) |
| Time Period | 03 Months |
| Promoter Interest | No interest held by the promoter group in the awarding entity. |
MIEL Stock Price Movement
On Friday, shares of Manglam Infra & Engineering Limited slipped by 3.92% to settle at ₹12.25, reflecting a significant decline from the previous close. The stock traded amidst heavy turnover, with a day low recorded at ₹12.25 and volumes reaching 6,000 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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