NBCC (India) Limited has announced the receipt of a new work order in the ordinary course of its business. The order, awarded by Indian Overseas Bank, is for the planning, designing, execution, and successful handover of the construction of the IOB New Regional Office in Raipur.

The approximate value of this contract is ₹55.02 crore, excluding GST. The order is from a domestic entity and falls under Project Management Consultancy. No specific timeline for execution has been provided in the announcement. The company has confirmed that its promoters or group companies do not have any interest in Indian Overseas Bank, and the contract does not fall within related party transactions.