Univastu India Limited Secures ₹14.5 Crore Swimming Pool Project in Meghalaya
Univastu India Limited received a ₹14.50 crore work order for Olympic size swimming pool installation in Shillong, Meghalaya. The project involves design, manufacturing, supply, and installation of Myrtha Pools. Execution is based on an approved schedule with delivery approx. 6 weeks post-dispatch.
The order value of ₹14.50 crore is substantial and will contribute to the company's revenue, though its overall impact depends on the company's total revenue and project execution.
The company has secured a new, significant work order which is a positive development for its business.
Univastu India Limited has announced the receipt of a significant work order valued at ₹14.50 crore (excluding GST) for the design, manufacturing, supply, and installation of an Olympic Size Swimming Pool and a Warm-Up Pool using Myrtha Pool Technology. The project is located at the Mawdiangdiang Sports Complex in Shillong, Meghalaya.
The order has been issued by M/s. Badri Rai Construction Limited, with the State Sports Council Meghalaya (SSC Meghalaya) under the Directorate of Sports and Youth Affairs, Government of Meghalaya, as the principal employer.
The scope of work involves the design, manufacturing, supply, and installation of Myrtha Pools, including a 50m x 25m x 2m competition pool and a 25m x 12.5m x 1.35m warm-up pool, along with associated works as per technical specifications. This contract falls under EPC work related to a Sports Infrastructure Project.
The execution timeline is dependent on the approved schedule, material delivery, and installation program, with delivery approximately 6 weeks after dispatch and installation integrated into a mutually agreed schedule. The company has confirmed that there is no promoter or promoter group interest in the awarding entity, and the order does not fall within related party transactions.
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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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