Sadbhav Infrastructure Project has been declared as the lowest bidder (L1) for HAM Project by NHAI on December 11, 2017. The project is for 4-laning of Dangiywas (km 96.595 of NH-112) to Jajiwal (km 283.500 of NH-65  Nagaur Road) section Package-I (Design length 74.619 km) of Jodhpur Ring Road (In  Principally declared NH) in the State of Rajasthan under NHDP Phase-VII.

The construction period is 730 days from the appointed date. The operational period is for 15 years from commercial date of operations. The letter of award (LoA) shall be provided by NHAI within 60 days from the bid due date.

Shares of the company declined Rs 2.85, or 1.94%, to trade at Rs 143.65. The total volume of shares traded was 18,476 at the BSE (9.59 a.m., Tuesday).