8 Jun 2025, Sun

Afcons infrastructure: The shares of Famous Infrastructure Engineering and Construction Company Facons Infrastructure Limited of Shapoorji Palonji Group will be in investors focus in the coming days. This is because Facons got a big contract from Mukesh Ambani -led Reliance Industries Limited (RIL).

700 crores got a big order

The company said that it has received a letter of award (LOA) for construction related work under the Vinyl Project in Dahej, Gujarat. In the exchange filing, Facon’s Infrastructure said, “We are happy to say that Facons Infrastructure Limited has received a letter of award from Reliance Industries Limited for construction works related to the Vinyl Project in Dowry, Gujarat.” The company said that the contract value is Rs 700 crore. However, the final payment will be done on the basis of the total expenses at work.

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