Interarch Secures Rs 900 Million Rungta Mines Project

28 Aug 2025 CW Team

Interarch Building Solutions Ltd. has secured a contract valued at approximately Rs 900 million from Rungta Mines Ltd. for the design, engineering, manufacturing, supply, and erection of a pre-engineered steel building system. The deal strengthens Interarch’s position as a leading player in the large-scale steel infrastructure space.

According to the contract terms, Interarch will receive 10 per cent of the order value as advance payment, followed by another 10 per cent upon the approval of drawings and designs. The project has been awarded by a domestic entity and is expected to be completed within six to eight months.

The company confirmed that this order does not fall under related-party transactions, and neither the promoters nor the promoter group hold any interest in Rungta Mines. This award adds to Interarch’s growing portfolio of industrial and infrastructure projects across India, reflecting strong demand for pre-engineered steel systems in the country's rapid construction landscape.

As of 26 August 2025, Interarch Building shares were trading at Rs 2,050, down by 0.57 per cent at 9:38 am. The company’s stock has witnessed a 71 per cent gain over the past year, a 14 per cent rise year-to-date, although it declined by 2.5 per cent over the last five days.

The contract reaffirms Interarch’s continued momentum in India's infrastructure sector and its ability to deliver turnkey solutions in tight timelines.

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