Univastu India JV Secures ₹109 Crore Project for Sant Dnyaneshwar Garden
Univastu India Limited's JV has secured a ₹109.24 crore contract for garden upgradation. Univastu India's share is ₹31.68 crore. The project involves restoration and rejuvenation and is to be completed within 24 months. The order was awarded by Godawari Marathwada Irrigation Development Corporation.
The contract value is substantial and represents a new business opportunity, but it is a JV and the company's direct share is a portion of the total value. The execution timeline is 24 months.
The company has announced securing a significant new work order, which is positive for business growth and revenue.
Univastu India Limited, as part of a joint venture with Ansh Infratech Private Limited and Univastu Bootes Infra LLP, has received a significant work order valued at ₹109.24 crore (excluding GST) for the restoration, rejuvenation, and upgradation of Sant Dnyaneshwar Garden in Paithan, Dist. Chhatrapati Sambhajinagar.
The joint venture structure includes Univastu India Limited holding a 29% share, Univastu Bootes Infra LLP holding 20%, and Ansh Infratech Private Limited holding 51% of the total contract value.
Univastu India Limited's share in this project amounts to ₹31.68 crore, while Univastu Bootes Infra LLP's share is ₹21.85 crore, and Ansh Infratech Private Limited's share is ₹55.71 crore.
The order was awarded by the Godawari Marathwada Irrigation Development Corporation, Chhatrapati Sambhajinagar Executive Engineer, Jayakwadi Irrigation Division. The project is expected to be completed within 24 months from the award date. This is a domestic contract awarded by a government entity.
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Univastu India 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 medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Univastu India Limited. Read the original for the full detail.