J Kumar Infra arm bags ₹1,349-crore order

A joint venture of J Kumar Infraprojects has bagged a letter of acceptance (LoA) from the National Highways Authority of India for ₹1,349 crore. The order is for construction of Dwarka Expressway from Shiv Murti intersection of NH-8, under the engineering, procurement and construction mode. J Kumar-JM Mhatre, in which the company holds 65 per cent stake, will execute the order. Shareholders will closely monitor the execution and further updates on the project.