BSECompany Update2 Nov 2026 · 2 Nov 2026, 07:58 pm

As per the attached intimation

NBCC (India) Ltd · 534309

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NBCC (India) Ltd has signed a Memorandum of Understanding with the Government of Bihar to undertake four redevelopment projects in Patna under Phase-I, with expected sale/lease proceeds of Rs. 5,152 crore and a tentative project cost of Rs. 2,000 crore.

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Growth Catalyst9/10
Governance Concern1/10
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Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10

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NBCC (India) Ltd - 534309 - General Update: NBCC (India) Limited Has Signed Memorandum Of Understanding With Various Departments Of The Government Of Bihar To Undertake Four Redevelopment Projects In Patna Under Phase-I

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Ref. No.: NBCC/BSENSE/2026-27 November 02, 2026 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, Phiroze Jeejeebhoy Tower, Plot No C/1, G Block, Dalal Street, Bandra –Kurla Complex Mumbai-400001 Bandra (E) -Mumbai-400051 Sub: General Update: NBCC (India) Limited has signed Memorandum of Understanding with various departments of the Government of Bihar to undertake four redevelopment projects in Patna under Phase-I Sir, This is to inform that, in the presence of the Hon'ble Chief Minister of Bihar, Shri Samrat Choudhary, Shri K. P. Mahadevaswamy (CMD-NBCC), and other dignitaries of the State Government, and officials of NBCC, Memorandum of Understanding has been signed with various departments of the Government of Bihar to undertake four redevelopment projects in Patna under Phase-I on a self-financing basis without budgetary assistance from the State Government. The proposed projects are as under: I. Residential redevelopment of BSHB colony at Sector 5 (TV Tower), Patna II. Residential redevelopment of BSHB colony at Sector 6 (Bahadurpur), Patna. (Items (i) and (ii) together provide 3,331 residential flats for EWS, LIG, MIG and HIG categories, with shopping complexes, clubhouses, gyms, community facilities, office spaces and other supporting facilities) III. Modern IT Tech Park for DIT Bihar at Gardanibagh, Patna (the first Tech Park of the State) IV. Hotels / commercial spaces at Water Resources Department site, Bailey Road, Patna Pursuant to the cabinet note of the Urban Development and Housing Department, Govt. of Bihar, and MOUs, the expected sale/lease proceeds would be Rs. 5,152 crore (approx.). Further, the tentative project cost would be Rs. 2,000 crore (approx.) exclusive of GST. The PMC charges are 6% and the marketing fee is 1.25%. Project-wise details would be provided in due course. The same is available on the website of the company: https://www.nbccindia.in/webEnglish/announcementNotices This is for your information and record. Thanking You Yours sincerely, For NBCC (India) Limited Deepti Gambhir Company Secretary F-4984