NSEBagging/Receiving of orders/contracts2d ago · 29 Oct 2026, 06:44 pm
Bagging/Receiving of orders/contracts
Afcons Infrastructure Limited · AFCONS
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Afcons Infrastructure Limited has secured two significant engineering, procurement and construction (EPC) contracts in Uttar Pradesh with a combined value of nearly ₹3,469 crore. The projects comprise the development of the Jewar Link Expressway and a key underground section of the Lucknow Metro Phase-1B.
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Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10
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Full Announcement
Afcons Infrastructure Limited has informed the Exchange about copy of Press Release titled Afcons to build connecting Expressway for Jewar Airport & Underground Lucknow Metro Secures EPC orders worth ₹3,469 crores
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AFCONS_29102026184329_Afcons_Intimation_of_UPEDA_awarddated29102026.pdf
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October 29, 2026
To To
BSE Limited National Stock Exchange of India Ltd
Corporate Relationship Dept., Exchange Plaza, Plot No. C/1, G Block,
Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex,
Dalal Street, Mumbai 400001. Bandra (East), Mumbai 400 051.
Scrip Code: 544280 Symbol: AFCONS
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (SEBI LODR) – Press Release
We are enclosing herewith a copy of Press Release titled “Afcons to build connecting
Expressway for Jewar Airport & Underground Lucknow Metro Secures EPC orders
worth ₹3,469 crores”
Please note that the order(s) mentioned in the Press Release have been received in the
normal course of business.
Kindly take the same on records.
Thanking you,
Yours faithfully,
For Afcons Infrastructure Limited
Gaurang Parekh
Company Secretary and Compliance Officer
Membership No.: F8764
Afcons Infrastructure Limited
Regd. Office: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar,
Andheri(W), Mumbai - 400 053, India, Tel.: +91-22-6719 1000, Email: secretarial@afcons.com
www.afcons.com | CIN No.: L45200MH1976PLC019335
Date: 29.10.2026
Press Release
Afcons to build connecting Expressway for
Jewar Airport & Underground Lucknow Metro
Secures EPC orders worth ₹3,469 crores
Mumbai: Afcons Infrastructure Ltd has secured two significant engineering,
procurement and construction (EPC) contracts in Uttar Pradesh with a combined value
of nearly ₹3,469 crore, reinforcing its strong position in the transportation and urban
infrastructure segment. The projects comprise the development of the Jewar Link
Expressway and a key underground section of the Lucknow Metro Phase-1B.
Mr Krishnamurthy Subramanian, Executive Chairman, Afcons, said, "The award of these
prestigious projects reflects the confidence that leading infrastructure agencies place in
Afcons' engineering capabilities and execution excellence. The Jewar Link Expressway
and the Lucknow Metro underground corridor are transformative projects that will
enhance mobility, support economic growth, and improve quality of life for millions of
people across Uttar Pradesh and NCR."
Mr S Paramasivan, Managing Director, Afcons, said, "These wins further strengthen our
order book and reinforce our commitment to delivering complex, nation-building
infrastructure projects. With these two projects, the fresh orders secured in FY27 stands
at ₹19,438 crores. We look forward to partnering with our clients to deliver these projects
e(cid:431)iciently and create long-term value for all stakeholders.”
The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has awarded
the contract, valued at approximately ₹2,086 crore (excluding GST), for the construction
of the 24.5-km access-controlled Greenfield Jewar Link Expressway. The six-lane
corridor, expandable to eight lanes, will connect the Noida International Airport at Jewar,
creating an integrated high-speed transportation network across the state.
The expressway is expected to significantly enhance airport accessibility, reduce travel
times, and improve logistics e(cid:431)iciency by linking two of Uttar Pradesh’s most important
expressway corridors - Yamuna Expressway and Ganga Expressway. The project will
support regional economic development while strengthening connectivity for
passengers and freight tra(cid:431)ic across western and central Uttar Pradesh.
In addition, Afcons has received notice of award for a major contract from Uttar Pradesh
Metro Rail Corporation (UPMRC) for the design and construction of a 6.52-km
underground stretch under the Lucknow Metro Phase-1B project. The scope includes
seven underground metro stations, associated civil and architectural works, utility
systems, fire safety infrastructure, and connectivity between underground and elevated
sections. The project value is approximately ₹1383 crore.
Afcons Infrastructure Limited
Regd. O(cid:431)ice: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar,
Andheri(W), Mumbai - 400 053, India, Tel.: +91-22-6719 1000, Email: secretarial@afcons.com
www.afcons.com | CIN No.: L45200MH1976PLC019335
About Afcons Infrastructure Ltd.
Afcons Infrastructure Ltd is flagship infrastructure engineering and construction
company of the Shapoorji Pallonji Group. It has a legacy of over six decades, with strong
track record of executing numerous technologically complex EPC projects both within
India and internationally. The company has a footprint in 31 countries across South Asia,
Africa, Middle East, and CIS. As per the latest ENR survey, Afcons is ranked in Top 140
international Contractors globally; 12th in Bridges and 8th in Marine & Ports.
Media Contact:
Naresh Sharma - naresh.sharma@afcons.com
Vishwas Waghmode - vishwas.waghmode@afcons.com
Afcons Infrastructure Limited
Regd. O(cid:431)ice: Afcons House, 16, Shah Industrial Estate, Veera Desai Road, Azad Nagar,
Andheri(W), Mumbai - 400 053, India, Tel.: +91-22-6719 1000, Email: secretarial@afcons.com
www.afcons.com | CIN No.: L45200MH1976PLC019335