Mumbai, July 16 -- The work order involves the loading, transportation and disposal of excavated tunnel material to approved dumping yards designated by J. Kumar - NCC (GMLR) JV as part of the GMLR tunnelling project.

The contract is effective from the date of issuance and will remain valid until the completion of the excavated material disposal arising from the GMLR tunnelling activity, or until terminated in accordance with the terms of the work order.

The company said the order has been awarded by a domestic entity and is in the nature of a work order.

ArisInfra Solutions further clarified that its promoter, promoter group and group companies have no interest in the awarding entity. It also said the contract does not constitute a...