V R Infraspace Limited — Important, 29-01-2025: Memorandum of Understanding/Agreements

V R Infraspace Limited has announced a board meeting to discuss a Memorandum of Understanding (MOU) with Kevadiya Construction Private Limited for the execution of the "Dindigul City Municipal Corporation - Tamil Nadu Climate Resilient Urban Development Project," focused on providing an underground sewerage system. The project, valued at approximately ₹114.23 crore, signifies a strategic move to enhance the company's portfolio in urban infrastructure. This collaboration is expected to bolster investor sentiment, reflecting a positive outlook as it aligns with sustainable development goals and strengthens operational capabilities. Completion of the project is anticipated by June 2027.