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 dated November 25, 2025 from the Sports, Youth Service and Cultural Activities Department, Government of Gujarat, for executing the Sardar Patel @ 150th Unity March – Pad Yatra. The march runs from November 25 to December 6, 2025, starting at Karamsad and ending at the Statue of Unity, Kevadia. The order value is INR 9,95,98,680 (approximately ₹9.96 crore) plus applicable GST. This is a one-time domestic turnkey event contract covering end-to-end planning, infrastructure setup, branding, logistics and on-ground management. The Chairman noted this is one of several back-to-back prestigious work orders (including World Lion Day 2025 and Rashtriya Ekta Diwas 2025 work) following the company's renewed strategic focus on its Events & Exhibitions segment.
Positive for shareholders — adds a high-profile government contract worth nearly ₹10 crore to the order book and signals management's renewed focus on the Events & Exhibitions vertical, which had been deprioritised in favour of hospitality. This could improve revenue diversification and operating leverage if more such mandates follow.