New Delhi, Dec 29 (IANS) Engineering firm Gayatri Projects Limited Wednesday said it has bagged a road contract worth Rs.1,130.67 crore in Nagaland in a joint venture with Maytas Infra.

‘The contract from the government of Nagaland is for widening of roads in the state for a total value of Rs.1,130.67,’ the Andhra Pradesh-based company said in a regulatory filing.

The joint venture has received a letter of acceptance from the government to this extent, it added.

At the Bombay Stock Exchange, the shares of the company closed 1.42 percent higher to trade at Rs.320.45.