The Company has informed the exchange about the Receipt of Letter of Intent from Valor Estate Limited
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Awaiting price reaction for this filing.
GHV Infra Projects has received a Letter of Intent (LOI) from Valor Estate Limited (formerly DB Realty) to serve as the engineering, procurement and construction (EPC) partner for the PAP & Police Housing Project at Malad (East), Mumbai. The project carries an initial scope of Rs. 2,000 crore and is targeted for completion within 60 months from commencement. The order has been awarded by a domestic entity, and there is no related-party interest between the promoter group and Valor Estate. The filing was made under SEBI's Listing Obligations and Disclosure Requirements Regulations.
This is a significant order win for GHV Infra Projects — a Rs. 2,000 crore project is likely materially large relative to the company's size and could meaningfully boost its order book and future revenue visibility. The stock may see positive interest, though execution over 5 years and dependence on a single client/project remain key risks to monitor.