BL Kashyap Share Price Gains Over 2% on Securing ₹364.07 Crore Contract for Embassy Splendid Tech Zone

Written by: Team Angel OneUpdated on: 30 Dec 2025, 11:03 pm IST

BL Kashyap wins ₹364.07 crore contract for civil and structural work on Embassy Splendid Tech Zone in Chennai, to be completed in 24 months.

BL Kashyap and Sons Limited has announced the acquisition of a significant contract valued at ₹364.07 crore. The contract involves civil and structural work for the Embassy Splendid Tech Zone in Chennai.

Details of the Contract

The contract was awarded by ESNP Property Builders and Developers Pvt. Ltd. It encompasses civil and structural work for a commercial project located at Pallavaram, Chennai. The project is expected to be completed within approximately 24 months.

This domestic contract is a part of a Special Economic Zone (SEZ) project, highlighting BL Kashyap's role in developing key infrastructure in the region. The Letter of Intent (LOI) for this project was received on December 29, 2025, at 3:19 pm.

Financial and Contractual Aspects

The contract, valued at ₹364.07 crore, does not involve any related party transactions, ensuring transparency and compliance with regulatory standards. Additionally, there is no interest from promoter or promoter group companies in the awarding entity, ESNP Property Builders and Developers Pvt. Ltd.

B.L. Kashyap and Sons Share Price Performance

As of December 30, 2025, at 3:22 PM, B.L. Kashyap and Sons share price on NSE was trading at ₹55.70 up by 1.96% from the previous closing price.

Conclusion

BL Kashyap's acquisition of the ₹364.07 crore contract for the Embassy Splendid Tech Zone project in Chennai marks a notable achievement for the company. With a 24-month timeline for completion, the project is set to enhance the commercial infrastructure in the region.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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: Dec 30, 2025, 5:33 PM IST

Team Angel One

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