BSE - Corporate Announcement

We wish to inform the Exchanges that our Step-down Subsidiary viz. Bhalaji Toll Road Private Limited (BTRPL) has received a Letter of Award (LOA) dated 10th May, 2022 from National Highways Authority of India ('NHAI') informing that BTRPL has been engaged as the user fee collection agency through e-tender for Chalakwadi Fee Plaza, at design Km 91.106 in Pune District of NH-50 (New NH60) for use of four lane from Km.42.000 to Km.179.946 of Khed Sinnar Section of National Highway No 50 (New NH-60) in the State of Maharashtra. Key highlights of the Project are as under: (i) User Fee Collection rights at Chalakwadi Fee Plaza. (ii) Terms of the Contract Agreement: a. Period of Contract is 3 (Three) months. b. The operations will commence after 6 (Six) working days from the date of issuance of LOA. (iii) The contractual amount for the said Project is Rs. 9,96,30,000/- (Rupees Nine Crores Ninety Six Lakhs Thirty Thousand only). This is for your information and records.