Vishnu Prakash R Punglia Limited has informed the Exchange about Bagging/Receiving of orders/contracts in the normal course of business
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Vishnu Prakash R Punglia Limited has received a Letter of Acceptance from Jaipur Development Authority (JDA) for the construction of a Road Over Bridge (ROB) at Saligrampura Phatak on the Jaipur-Sawai Madhopur railway line in zone-14 of JDA Jaipur. The order is valued at Rs 779.15 million (approximately Rs 77.92 crore). The work was received on July 12, 2025, and is part of the company's normal course of business. The order is domestic in nature, and there is no related party involvement.
This is a positive development as it adds a government-backed order to the company's order book, providing revenue visibility. Government infrastructure orders typically carry lower credit risk and may boost investor confidence in the company's order pipeline.