Univastu India Limited has informed the Exchange about Bagging/Receiving of orders/contracts
UNIVASTU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Univastu India Limited announced that its joint venture 'Ansh Infratech Private Limited -Univastu India Limited-Univastu Bootes Infra LLP JV' has received a work order for restoration, rejuvenation and upgradation of Sant Dnyaneshwar Garden at Paithan, Chhatrapati Sambhajinagar. The total contract value is Rs. 109.24 crore (excluding GST), with Univastu India holding 29% share worth Rs. 31.68 crore. The order is issued by Godawari Marathwada Irrigation Development Corporation and is to be completed within 24 months. This is a domestic order in the civil infrastructure/rejuvenation sector.
Positive signal for the company as it secures a meaningful contract in its JV structure. The Rs. 31.68 crore order represents new business flow, though investors would need revenue context to assess significance.