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's 51%-owned subsidiary, Univastu Bootes Infra LLP, has received a work order worth Rs. 28.08 crore (including 18% GST) from Varanasi Development Authority. The project involves designing and building a Varanasi Community Center at the Lalpur Residential Scheme Phase 1, covering master planning, civil, mechanical, electrical, plumbing, interior, sustainable building, lighting, landscaping, and road network works. The order is dated 19th July 2025 and must be completed within 12 calendar months, by 18th July 2026. The contract is fully domestic, with no related party or promoter interest involved.
This is a meaningful order win from a government client that adds to the company's order book and provides revenue visibility for the next year. Positive for the stock in the short term as it signals business momentum, though the contract is for a subsidiary where Univastu holds 51%, so benefits will be shared accordingly.