Roadway Solutions India Infra (RSIIL), which emerged as a separate entity from Roadway Solutions India (RSIPL), announced that it has secured two infrastructure projects worth Rs 49 billion from Maharashtra State Road Development Corporation (MSRDC).

RSIIL stated that these projects would help improve Pune's connectivity and facilitate smoother traffic flow. The company issued a statement saying it had been identified as the lowest bidder for these projects.

Moreover, the company mentioned in its statement that its order book had now crossed Rs 110 billion with the addition of these new projects.

One of the projects involves construction of the Access Controlled Pune Ring Road in Pune district, stretching from Village Lonikand to near Village Walti in Maharashtra, under the Engineering, Procurement and Construction (EPC) mode, with a rating of Rs 22.51 billion.

The other project involves construction of the Access Controlled Expressway Connector connecting Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg from Jalna to Nanded in Maharashtra.

Furthermore, the company announced that in addition to these new efforts, it is currently executing three major packages along the Vadodara Mumbai Expressway in Packages 8, 9 and 10.

The statement also said that Mauritius-based and India-focused AG Dynamic Funds Limited had entered into a memorandum of understanding in March for strategic investments aimed at accelerating the growth and strengthening the market presence of Roadway Solutions India Infra, with special attention to construction and development of roads.