Atal Realtech Limited has informed the Exchange about General Updates
ATALREAL · price
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Atal Realtech Limited has been awarded a Civil and Electricals works contract by the Public Works Department (PWD), Government of Maharashtra. The contract is for construction of PWD Rest House at Pratapgad, Nashik. The approximate contract value is Rs. 24,92,41,961 (approximately Rs. 24.92 crores). The company emerged as the Lowest Bidder (L1) in this tender. The detailed Work Order and contractual documents are awaited and will be intimated to the Stock Exchange upon receipt.
This is a positive development as the company has secured a significant government contract worth Rs. 24.92 crores. However, the actual work order is still awaited, and without revenue data, the relative significance of this contract cannot be determined.