Mumbai, July 8 -- Ceigall India holds a 74% stake in the joint venture, while Sushee Infra & Mining Ltd holds the remaining 26%.

The project involves the construction of a road from km 85.60 to km 168.00 of the Lada-Sarli section of NH-913 (Frontier Highway) to an intermediate lane standard in Arunachal Pradesh under the Engineering, Procurement and Construction (EPC) mode.

The project has a construction period of 48 months, followed by a five-year maintenance period, the company said in a regulatory filing.

Ceigall India said the contract has been awarded by a domestic entity and clarified that neither the promoters, promoter group nor group companies have any interest in the awarding authority. The company also stated that the contra...