GHV Infra Projects Ltd receives Letter of Award for Rs. 2,645 Crore contract for EPC Development of Smart Manufacturing Hub At Ras Al Khaimah, UAE
• The project consisting of constructing Industrial & Commercial State Of The Art Buildings At Ras Al Khaimah, UAE. • With this order, the total order book of GHV Infra Projects Ltd has grown to Rs. 7,000 crore plus
GHV Infra Projects Ltd (BSE – 505504) leading company engaged in the infrastructure and construction business has received letter of award from Rana Exim FZ-LLC (Master Developer under agreement with RAKEZ), Ras Al Khaima, UAE, (Rana Group) for the EPC. The project is valued at approximately Rs. 2,645 crore and estimated to be completed within 24 months excluding 90 days of initial setup & mobilization period.
This prestigious order value is AED 1,12,42,74,621 (One billion one hundred twenty-four million two hundred seventy-four thousand six hundred and twenty-one AED) equalling to approx. (Rs. 2645 Crore).
Mr. Zahid Vijapura, Group Chairman of GHV Group Proudly said, “As GHV Group, we continue to strive “We Build Value” by taking up selected valuable Projects like Development of smart manufacturing providing Green EV production with zero discharge facilities over a period of time with sustainable continuous growth. With this prestigious order, the total order book of the company has risen to over Rs. 7,000 crore and shall continue to strive few more selective project options in near term.
Recently, Board of directors of GHV Infra Projects Ltd in the meeting held on 24 July 2025 has approved issuance of bonus shares to existing shareholders of the company in the ratio of 3:2 – Three fully paid up equity shares for every 2 shares held. Additonally, Board of director also approved sub-division / split in the ratio of 2:1 (1 equity share of face value Rs. 10 each wil be subdivided into 2 equity shares of Rs. 5 each. The stock split is aimed at enhancing the liquidity of the Company’s shares in the market and making them more accessible to retai investors.
Company board also considered and approved Increase in the Authorized Share Capital of the Company from Rs. 16 crore to Rs. 66 crore subject to the approval of the members of the Company. The shareholders of the Company, at their Extra-Ordinary General Meeting held on June 28, 2025, approved the issuance of Convertible Warrants to Promoters/Promoter Group and Non-Promoters, on a preferential basis by way of private placement
