IL&FS Engineering and Construction Company (IL&FS Engineering Services) has received a Letter of Acceptance (LoA) for a Road Contract from IL&FS Transportation Networks (ITNL). The total value of the contract is Rs 5.81 billion and completion period is 21 months.

The scope of IL&FS Engineering Services under this contract involves Four Laning from km 165.600 to km 220.00 of Amravati - Chikhli section of NH-6 in the state of Maharashtra on Item Rate basis. IL&FS Engineering Services is currently working on Rs 50.12 billion worth road projects across India.

Shares of the company gained Rs 2.4, or 4.91%, to trade at Rs 51.25. The total volume of shares traded was 36,159 at the BSE (10.36 a.m., Friday).