Mayasheel Ventures Declared Lowest Bidder for Noida Expressway Drain Maintenance Contract
Mayasheel Ventures Limited has been declared the Lowest (L1) Bidder for a significant maintenance contract concerning an expressway in Noida. The contract involves the construction of an RCC drain to replace an existing damaged brick drain along the expressway from JP Flyover to Underpass, Sector-105, Noida.The project is managed by the NOIDA (New Okhla Industrial Development Authority). Mayasheel Ventures was declared L1 Bidder for this domestic contract on July 31, 2026.
Key details regarding the contract are as follows:
| Particulars | Details |
|---|---|
| Name of the Authority | NOIDA (New Okhla Industrial Development Authority) |
| Nature of Contract | Maintenance of Drain (Construction of RCC Drain in place of existing damaged brick drain along Expressway from JP Flyover to Underpass, Sector-105, Noida) |
| Bid Status | Declared Lowest (L1) Bidder |
| Date of Declaration | 31st July, 2026 |
| Contract Value | Approximately ₹20.83 Crore |
The award of the contract is conditional upon the issuance of the Letter of Acceptance (LOA)/Work Order and the execution of the agreement, along with fulfilling all terms and conditions prescribed in the tender documents.
MAYASHEEL Stock Price Movement
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