'Intimation of Memorandum of Understanding (MoU) between NBCC (India) Limited and the Board of Mumbai Port…
As filed · NBCC (India) Limited has informed the Exchange regarding 'Intimation of Memorandum of Understanding (MoU) between NBCC (India) Limited and the Board of Mumbai Port Authority'.
What happened
FactNBCC (India) Limited has informed the Exchange regarding 'Intimation of Memorandum of Understanding (MoU) between NBCC (India) Limited and the Board of Mumbai Port Authority'. Agency Charge @ 7% of the project cost (excluding GST) for Planning, Designing,. In this regard, a Memorandum of Understanding (MoU) was signed between NBCC.
Why it matters
CapitSignal interpretationA joint venture commits capital and management time to an asset the company only part-owns.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
RevisedNBCC has secured INR6,800 crores on a consolidated basis in quarter 2, which makes a total of INR10,000 crores in first half of 2025-26.
In next half, we are expecting or INR 10-12,000 crores of new works to be awarded.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Capital commitment and ownership split
- Whether it is consolidated or equity-accounted
- the Ghitroni real estate project is in the final stage of resolution, and we will in position to award the wor (management committed by Q4 FY25)
- As you know, Q4 traditionally contributes the highest, and we expect this trend to further strengthen overall (management committed by H2 FY25)
Evidence
- NBCC (India) Limited has informed the Exchange regarding 'Intimation of Memorandum of Understanding (MoU) between NBCC (India) Limited and the Board of Mumbai Port Authority'.(opens the original filing in a new tab)
- Earlier statement · Q2 FY25
- Latest statement · Q2 FY25
- Earlier statement · Q2 FY25
How CapitSignal classified this
- Reasoning:
- JOINT_VENTURE base 54; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%