The Company has received work order dated August 2, 2025 from Deputy Conservator of Forest, Porbandar Forest Division for Event management work on August 10, 2025. The details as required ....
PRAVEG · price
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Praveg Ltd has received a Letter of Award from the Deputy Conservator of Forest, Porbandar Forest Division (Government of Gujarat) for event management work. The order is for organizing the 'World Lion Day 2025' event at Timdi, Gujarat, scheduled for August 10, 2025. The total order value is ₹3,99,95,000 (approximately ₹4 crore). This is a one-time domestic government contract with no related party involvement. The company confirmed that the order is awarded by a domestic government entity.
This is a modest, one-time government contract worth around ₹4 crore, which is positive for order book visibility but unlikely to materially move the stock. It demonstrates the company's ability to win government event management contracts, though the short execution window (within 6 days) limits its long-term significance.