Univastu India Limited has informed the Exchange about Bagging/Receiving of orders/contracts
UNIVASTU · price
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Awaiting price reaction for this filing.
Univastu India Limited has received a work order from the Divisional Sports Complex Committee, Jalgaon, a domestic government entity, for the construction of a Divisional Sports Complex in Jalgaon District. The total contract value is Rs. 244,31,30,453 (Rs. 207.04 crore base value plus 18% GST of Rs. 37.27 crore). The project is to be executed over 36 calendar months (including monsoon) from the date of receipt of the work order. This is a revised intimation correcting typographical errors in the company's earlier filing dated 16.05.2025. There is no related party interest in the awarding entity.
This is a large government (domestic) order worth over Rs. 244 crore, which is substantial for a small-cap construction company and likely a significant addition to the order book, potentially supporting future revenue visibility over the next 3 years. Shareholders should view this positively as it strengthens the company's order pipeline, though execution risk over the 36-month timeline remains.