Valplast Technologies Limited has made a regulatory disclosure to BSE Limited pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and applicable SEBI circulars.
The company has secured a new contract from M/s Mosh Varaya Infraprojects Private Limited for "Tunnel Rehabilitation".
Contract Details
Awarding Entity: M/s Mosh Varaya Infraprojects Private Limited
Nature and Scope of Work: The contract encompasses three primary activities:
- Rehabilitation of old deteriorated Tunnel Portal Tunnel No. 3B at both ends at Kasara, Maharashtra.
- Safety Enhancement through Tunnel Portal Extension in NE Ghat Section (110m).
- Rehabilitation of Tunnel No. 4A (DNML) & 8C (UP ML) by chemical grouting, polymer concrete and pointing under ADEN (M) IGP.
Domestic/International: The order has been awarded by a domestic entity and is to be executed domestically.
Execution Timeline: The contract is to be executed within a period of 12 months.
Contract Value: The broad consideration for the order is ₹12,95,84,293 (Rupees Twelve Crores Ninety Five Lakhs Eighty-Four Thousand Two Hundred Ninety-Three only).
Related Party Transaction: The company has explicitly stated that the order/contract does not fall within the ambit of related party transactions.