Kridhan Infra Limited ("KIL" or the "Company") has announced that its associate Vijay Nirman Company Pvt. Ltd. ("VNC") has been awarded a new project worth INR 222.6 Crores for rehabilitation and upgradation of the NH 167 in a joint venture in which it holds 51%.
KIL currently owns approximately 41% stake in VNC and hence, VNC operates as an associate company of KIL. Vijay Nirman is a pedigreed private construction company, having completed over 400 projects, in over 30 years of operations. VNC has a strong technical skill set with a superior leadership team. VNC also has a vast experience in the roads, bridges, airports and affordable housing segments and is well reputed for its timely execution. It generated revenues of approximately INR 9 billion in FY18.

Kridhan Infra's proforma order book after consolidation of VNC in India and Swee Hong in Singapore, stands at INR 35+ billion, as on 31st March 201n

here is company details.

 

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