Capacit'e Infraprojects Secures ₹445 Crore LOI from Great Value Realty for Noida Project
Capacit'e Infraprojects Limited received a Letter of Intent (LOI) worth approximately ₹445 Crore from Great Value Realty Limited. The contract is for civil and structural works at the Great Value Ekanam Project in Noida. This marks a significant milestone for the company.
The contract value of ₹445 Crore is substantial and directly contributes to the company's order book and revenue, indicating a high impact on its business.
The company has received a significant Letter of Intent (LOI) for a large contract value, indicating positive business development.
Capacit'e Infraprojects Limited has received a Letter of Intent (LOI) from Great Value Realty Limited for civil and structural works at the Great Value Ekanam Project in Noida. The total contract value, excluding GST, is approximately ₹445 Crore.
Mr. Rahul Katyal, Managing Director of Capacit'e, expressed pleasure in welcoming Great Value Realty as a new client and highlighted the trust placed in Capacit'e's engineering expertise and execution capabilities. He emphasized the company's commitment to delivering quality at scale and fostering strong EPC partnerships through collaboration, technical excellence, and a focus on safety, timelines, and sustainability.
The company also informed that the trading window for dealing in its securities is currently closed for designated persons due to upcoming financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. This order does not constitute a related party transaction as neither the promoters, promoter group, nor any group companies hold any interest in the awarding entity.
What to do with a filing like this
Capacit'e Infraprojects Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Capacit'e Infraprojects Limited. Read the original for the full detail.