Key Quantitative Figures
- Work order value: ₹213 crore (Rupees Two Hundred and Thirteen Crore) including GST
- Completion timeline: 14 (fourteen) months from date of commencement
Parties Involved
- Awarding entity: GHV (India) Private Limited (CIN: U45202MH2009PTC196564)
- Recipient entity: GHV Infra Projects Limited (formerly known as Sindu Valley Technologies Limited, CIN: L43900MH1976PLC457495)
Work Order Details
Nature of Work: Composite work involving construction comprising:
- (A) Upgradation/Development of maintenance infrastructure at Coaching Complex
- (B) Next Generation Freight Maintenance Facilities
- (C) Infrastructure construction of Loco shed in West Bengal
Work Scope: Civil, Electrical, Mechanical and Signal & Telecom works
Geographic Location: West Bengal
Related Party Transaction Details
The work order qualifies as a related party transaction with the following connections:
- Mr. Jahidmohmed Vijapura is deemed promoter of GHV Infra Projects Limited
- Mr. Jahidmohmed Vijapura is Designated partner/Partner in JHV Commercials LLP, which holds major stake in GHV Infra Projects Limited
- Mr. Jahidmohmed Vijapura is also Director and shareholder of GHV (India) Private Limited (the entity awarding the order)
- The transaction is stated to be conducted at "arm's length basis"
Financial Impact
The work order represents a ₹213 crore contract that is expected to contribute to the company's revenue over the 14-month execution period. The related party nature requires specific disclosure under SEBI regulations.