2/19/2023 0 Comments Infosys service agreement bondIRB Infra will serve as MBEL's project manager for the Ganga Expressway Project as well. The Meerut Budaun Expressway Ltd (MBEL), a special purpose company (SPV) formed by IRB Infra for the Ganga Expressway Project, and the financial investors in the project, affiliates of GIC Private Ltd, are parties to the agreements. The ultimate terms and conditions for a project between two or more firms are documented in a definitive agreement, which is a legally binding contract. On Sunday, IRB Infrastructure Developers Ltd announced that it signed final contracts for the construction of the Ganga Expressway Project. Volumes for the stock increased by 6.86 times today. The firm has a market value of Rs 14,442 crore. The company's 52-week high and low on the BSE are Rs 347 and Rs 149, respectively. Shares of IRB Infrastructure Developers Ltd opened at Rs 215 and reached a 10.67 per cent intraday high at Rs 241.50. The company's net profit increased dramatically, by 405 per cent QoQ and 108 per cent sequentially, to reach Rs 363 crore for quarter ending June 2022.
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