Nila lnfrastructures has entered into two separate Letter of Acceptance (LoA) with Gujarat State Road Transport Corporation (GSRTC) for development of Bus Terminal under Public Private Partnership.

One LoA is executed by the Company for development of 'Amreli Bus Terminals and another LoA is executed in consortium with Vyapti Infrabuilt for development of 'Modasa Bus Terminal'.

Nila lnfrastructures is well established player in developing Civic Urban Infrastructure Projects on EPC, Turnkey, PPP Mode, as well as Private White Label Construction and Industrial Infrastructure Projects.

Shares of the company gained Rs 0.9, or 5.54%, to trade at Rs 17.15. The total volume of shares traded was 1,566,650 at the BSE (9.53 a.m., Wednesday).