NSEBagging/Receiving of orders/contracts2d ago · 29 Oct 2026, 06:44 pm

Bagging/Receiving of orders/contracts

Afcons Infrastructure Limited · AFCONS

✦ AI Summary▲ PositiveOrder Win

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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Earnings Impact8/10
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