Manav Infra Projects Limited — Important, 19-11-2024: General Updates

Manav Infra Projects Ltd. has secured a significant work order from Rithwik Projects Private Limited for piling works related to MMRDA Metro line No. 4 and 5, specifically for the development of a Car Depot at Kasheli. The total project value is approximately ₹11.82 crore, excluding GST at 18%. This order serves as a positive development in the company's operational landscape, enhancing project backlog and revenue potential. Investors should monitor this update closely, as it reflects the company's ongoing efforts to expand its project portfolio and strengthen its market position in the infrastructure sector.