
Ahluwalia Contracts (India) Ltd has been awarded a construction contract worth ₹393.04 crore by the Airport Authority of India (AAI). The value of the order is stated excluding GST, according to the company’s exchange filing.
The contract has been awarded by a domestic authority and has been disclosed under SEBI’s Listing Obligations and Disclosure Requirements regulations.
The work relates to the development of a greenfield airport at Bundi in Kota district, Rajasthan. The project is part of planned expansion of aviation infrastructure in the region.
The company has classified the order under building construction. Specific components of the project have not been detailed in the filing.
Ahluwalia Contracts has indicated that the project is to be completed within 18 months. The defined timeline suggests a fixed execution schedule set by the awarding authority.
Infrastructure projects of this type are generally carried out in stages, depending on site conditions and approvals.
The company stated that the contract does not involve any related party transactions. It also confirmed that its promoter group has no interest in the Airport Authority of India.
This disclosure forms part of standard regulatory requirements for listed companies when reporting new orders.
Read More: IOL Chemicals Share Price in Focus; Promoter Mayadevi Polycot Acquires Over 6.54 Lakh Shares!
As of March 19, 2026, 10:21 am, Ahluwalia Contracts (India) Ltd share price stood at ₹732.95, a 1.75% decrease from the previous closing price.
The order adds to the company’s existing construction portfolio. It shows ongoing work in airport infrastructure projects, particularly in regional locations. Execution over the stated period will determine how the contract contributes to future revenues.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 19, 2026, 11:14 AM IST

Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
