R.P.P. Infra Projects Limited has informed the Exchange about Awarding of order(s)/contract(s)
RPPINFRA · price
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Awaiting price reaction for this filing.
R.P.P. Infra Projects has received a Letter of Acceptance for a new contract valued at Rs. 2.44 Crores (including GST), with the base contract price being Rs. 2.07 Crores (excluding GST). The work involves construction of a storm water drain at Millerpuram Housing Board in the West Zone of Thoothukudi City Municipal Corporation under Package 2. The client is the Commissioner of Thoothukudi City Municipal Corporation, a domestic government entity. The project is to be executed over a period of 6 months. The order is not a related party transaction, and the promoter group has no interest in the awarding entity.
This is a small, routine government contract that adds modestly to the company's order book. While it confirms continued order inflow from municipal bodies, the size is unlikely to materially move the stock or change the company's business outlook.