Univastu India Limited has informed the Exchange about Bagging/Receiving of orders/contracts
UNIVASTU · price
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Univastu India Limited has received a Variation Order worth INR 115.79 crore from IRCON International Limited for the Mumbai Metro Rail Project (Line 6 - Swami Samarth Nagar to Vikhroli). This increases the total revised contract value to INR 601.46 crore plus Euro 26.79 lakh. The original contract dated February 24, 2026 was for design, manufacture, supply, installation, integration, testing and commissioning of power supply, traction, electrical and mechanical systems, lifts and escalators, plus 5 years of comprehensive maintenance. The variation order represents approximately 24% increase over the original contract value.
This is a positive development as the company secures additional work on an existing metro project, significantly expanding its order book. The revised contract value of over INR 600 crore represents substantial revenue visibility for the company.