Welspun Delhi Meerut Expressway Private Limited (a wholly-owned subsidiary of Welspun Enterprises Ltd) has received Rs. 27.09 crore (excluding GST) as Bonus from National Highways Authority of India (NHAI) for early completion of Delhi-Meerut Expressway Package-1 on June 28, 2018, 332 days ahead of the scheduled completion date.
The Delhi-Meerut Expressway Package-1 was the first Hybrid Annuity Model (HAM) project of NHAI to achieve both Financial Closure as well as Commercial Operation Date (COD). The first annuity for the project was received in January 2019 and the next annuity is expected by July 2019.
Shares of Welspun Enterprises Ltd was last trading in BSE at Rs.133.7 as compared to the previous close of Rs. 127.25. The total number of shares traded during the day was 29448 in over 440 trades.
The stock hit an intraday high of Rs. 133.9 and intraday low of 125.6. The net turnover during the day was Rs. 3853154.