Construction firm Sadbhav Engineering today said it has bagged a road project worth Rs 1,225 crore in Karnataka from the National Highways Authority of India (NHAI).
A consortium led by the company has bagged a four-laning project in Karnataka, Sadbhav Engineering said in a filing to the Bombay Stock Exchange (BSE).
The concession period of the project is 20 years, the filing said.
Sadbhav Engineering holds 77 per cent stake in SEL-MCL Consortium, which has bagged the contract.
Shares of Sadbhav Engineering were trading at Rs 1,220 on the BSE, up 1.01 per cent from previous close.