B.R.Goyal Infrastructure Limited has received a work order from LNJ Greenpet Private Limited (LNJ) for civil and construction work. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Nature of the Event
The company has received a Letter of Intent (LOI) for civil construction work.
Key Quantitative Figures
The estimated contract value of the work order is Rs. 13.05 Crore (Rupees Thirteen Crore Five Lakh Only) plus applicable GST.
Project Details
The work order is for execution of civil work for LNJ's upcoming B2B Project at 29-30-31, Mega Smart Industrial Area, Ratlam - 457001, Madhya Pradesh. The scope of work includes civil and construction work of Road, Drain & Culvert, Pond as per the approved BOQ.
Time Period
The entire scope of work must be completed within 6 months from the date of issuance of the Letter of Intent.
Parties Involved
The order was awarded by LNJ Greenpet Private Limited (LNJ), a domestic entity. The company has confirmed that neither the Promoter/promoter group/group companies have any interest in LNJ, nor does this transaction qualify as a related party transaction.