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.

Real Estate

02 Apr 2026

Bent Collective Unveils Sculptural Papillon Sofa

Bent Collective has introduced the Papillon Sofa, a sculptural seating piece that combines artistic design with everyday comfort. Defined by a fluid silhouette, the sofa features a gently curved backrest, asymmetrical form, rounded seating, a single rolled arm and sleek legs, creating a soft yet expressive presence for contemporary interiors. Upholstered in a soothing blue tone, the Papillon Sofa is designed to bring a sense of calm, movement and visual lightness to living spaces. Its organic form moves away from rigid lines, reflecting the brand’s focus on furniture that is both i..

MHIEC Completes Relay Centre Project In Nagasaki

Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC) has completed construction of the Nanbu Relay Center in Minamishimabara City for the Ken’ou-Kennan Clean Authority in Nagasaki Prefecture. The project includes the development of the new facility and the operation of three relay centres, including the existing Tobu and Seibu sites, under a contract awarded in 2024. The initiative is aimed at enabling the efficient transfer of combustible waste from multiple municipalities to the Ken’ou-Kennan Clean Center in Isahaya City, which is scheduled to co..

Kala Ghoda Boutique Redefines Compact Retail Design

Located in Kala Ghoda, Noir Éclat, an 80 sq ft jewellery boutique by Mint Leaf Design, showcases how compact retail spaces can deliver a high-impact experience. Designed as a ‘jewel box’, the boutique blends Parisian-inspired aesthetics with a monochrome palette of black and white, highlighted by fuchsia accents that add a distinctive visual identity. The design leverages vertical space to overcome size constraints, featuring sculptural wall-mounted busts arranged in grids that transform product displays into artistic installations. Carefully planned lighting enhances depth and creates a..