Intimation of receipt of order from UPEIDA by Almondz Global Infra-Consultant Limited, a Wholly owned Subsidiary of the Company - Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ( SEBI Listing Regulations )
ALMONDZ · price
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Almondz Global Infra-Consultant Limited (AGICL), a 100% subsidiary of Almondz Global Securities, has won an order from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for project development and DPR consulting work. The scope covers the planned 320 km, six-lane Vindhya Expressway connecting Prayagraj to Sonbhadra, a Purvanchal Link Spur, and a Noida–Jewar Link. Work includes feasibility studies, DPR preparation, project structuring, economic analysis, and bid process management. The order is valued at approximately Rs. 14.2 Crores (including GST) and is to be completed within 10 months. The promoter group has no interest in UPEIDA, and the order is not a related-party transaction.
This is a new revenue win for the subsidiary in the infrastructure consulting space, adding Rs. 14.2 Cr to the order book and giving visibility for the next 10 months; modest positive for the small-cap stock but unlikely to materially move the share price on its own.