BCPL Railway Infrastructure Limited has informed the Exchange regarding 'BCPL Emerges As The Lowest Bidder L1 From ASN Division Eastern Railway'.
BCPL Railway Infrastructure emerges as L1 bidder for an Eastern Railway project worth Rs. 37.36 crore for infrastructure replacement work. This is a normal course of business development.
BCPL Railway Infrastructure Limited's AGM approved financial statements, dividend declaration, re-appointment of Chairman and auditors. Contracts with related parties, Phoenix Overseas and BCL Bio Energy, up to Rs. 20 Cr each were also approved. The disinvestment proposal in BCL Bio Energy was rescinded.
BCPL Railway Infrastructure has completed its share capital audit for the quarter. The report confirms no changes in issued capital during this period.
BCPL Railway Infrastructure Limited is the lowest bidder for a ~Rs. 4.51 Cr project with Eastern Railway, involving improvements to OHE reliability. This is a routine business development.
