The Company has informed the exchange about the Work Order Received from GHV (India) Private Limited
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GHV Infra Projects has received a work order worth approximately Rs. 109 crores from GHV (India) Private Limited for civil, MEP (mechanical, electrical, plumbing), and finishing work on buildings in Jamshedpur, Jharkhand. The project is to be completed within 30 months from the date of commencement. Notably, this is a related party transaction — the company's promoter Mr. Jahidmohmed H. Vijapura is also a Director and shareholder of GHV (India) Private Limited, the entity awarding the order. The company has stated the transaction is being carried out at arm's length basis.
The Rs. 109 crore order provides a meaningful revenue pipeline, though investors should note it comes from a related entity linked to the promoter, requiring close monitoring of execution and fairness of pricing. The related-party nature may attract scrutiny from minority shareholders.