We wish to inform that the Independent Engineer appointed by National Highways Authority of India has certified February 3, 2016 as the Commercial Operation Date for the 4 Laning of Pune – Solapur section of NH-9 from Km 144.400 to km 249.000 in the State of Maharashtra on DBFOT Basis (" the Project") developed by the Company's subsidiary. The Project is on toll basis with a concession period of 19 years and 295 days comprising of Tolling and Operations & Management period of 18 years. 

The Project was issued Provisional Completion Certificate on August 23, 2013 and was entitled to collect only 80% of the toll. Since the Company has now completed the development of the entire stretch of the Project, it will be entitled to collect toll at the full rate