The Company has informed to the exchange about the Letter of Award (LOA) received from the Rana Exim FZ-LLC (Registration Number - 0000004058240 at Ras Al Khaimah Economic Zone, UAE)
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GHV Infra Projects has received a Letter of Award from UAE-based Rana Exim FZ-LLC for an EPC contract to develop the Erisha Smart Manufacturing Hub at Ras Al Khaimah Economic Zone (RAKEZ), UAE. The project involves building industrial and commercial facilities and is valued at approximately Rs. 2,645 crore (~AED 1.12 billion). The contract is expected to be completed within 24 months, excluding an additional 90 days for setup and mobilization. The order has been awarded by an international entity, with no promoter or related-party interest, and is not a related-party transaction.
This is a major international order that significantly expands GHV Infra's overseas order book and provides multi-year revenue visibility. For a small-cap company, this Rs. 2,645 crore contract is transformational in scale and could materially boost stock price and investor sentiment, though execution risks over a 24-month timeline remain.