In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform that, the Company has received a Letter of Award (LoA) ....
PRAVEG · price
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Praveg Limited has received a Letter of Award from the Sports, Youth Service and Cultural Activities Department, Government of Gujarat, to execute the Sardar Patel @ 150th Unity March - Pad Yatra from Karamsad to the Statue of Unity, Kevadia. The event is scheduled from November 25, 2025 to December 6, 2025. The order is valued at approximately INR 9.96 crore plus GST and covers full event execution including infrastructure setup, performance stages, Swagat platforms, branding, logistics, and on-ground management. The Chairman described it as part of a renewed strategic focus on the Events & Exhibitions vertical, following recent wins such as World Lion Day 2025 and Rashtriya Ekta Diwas 2025 infrastructure work.
This high-profile government mandate strengthens Praveg's order book in its Events & Exhibitions segment and reinforces management credibility after a hospitality-focused phase. It could provide near-term revenue support and positive sentiment, though as a one-time event order the stock impact will hinge on the company winning additional such mandates.