Shradha Infraprojects Limited has informed the Exchange about General Updates regarding Receipt of Work Order by Active Infrastructures limited from Ceinsys Tech Ltd. for the Consideration of Rs. 4.65 Crores.
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Awaiting price reaction for this filing.
Shradha Infraprojects Limited has announced that its group company, Active Infrastructures Limited, has received a work order from Ceinsys Tech Ltd. The order is valued at Rs. 4.65 Crores. The announcement is being made via Shradha Realty Limited to the exchanges, likely due to common promoters or a group-level disclosure requirement. No further details on the nature, timeline, or scope of the work were disclosed in the filing.
The order size of Rs. 4.65 Crores appears modest and is unlikely to materially move the stock. The indirect nature of the disclosure (via a group/sister company) limits direct impact on Shradha Realty Limited shareholders. Investors may want to watch for follow-up details on execution timelines and whether such orders continue at this pace.