RDB Infrastructure and Power Limited (RDB Infrastructure) has entered into a non-binding letter of intent with Primarc Projects Private Limited (Primarc Projects) to execute sub-structure and super-structure construction works for the proposed residential development Primarc Aadvika in Shibpur, Howrah, West Bengal. The contract is valued at Rs 730 million (mn) and the development covers approximately half a million (mn) square feet. The assignment has been awarded by a domestic entity and expands RDB Infrastructure's order book in the construction segment.

The scope of work comprises comprehensive structural construction services and reflects the company's technical capabilities and execution strength on large scale real estate projects. The company has confirmed that neither its promoters nor its group companies have any interest in the awarding entity and that the order does not qualify as a related party transaction, indicating the deal was secured on an arm's length basis in line with regulatory standards. This clarity on governance is expected to support confidence among stakeholders.

As per the agreed timetable, work is scheduled to commence within nine months from eleven February two thousand and twenty six and is expected to be completed within thirty months from the date of commencement. The defined execution timeline underlines the company's focus on timely project delivery and operational efficiency. RDB Infrastructure will mobilise resources and manage site operations to meet the prescribed milestones.

The new order reinforces RDB Infrastructure's growing presence in the infrastructure and construction sector and aligns with its strategic objective of expanding its project portfolio while delivering high quality developments for reputed clients across key urban markets. The company views the contract as a material addition to its construction pipeline and a demonstration of its ability to secure and execute mid size residential projects. Market observers will watch the project as it progresses through the defined execution window.