Univastu India Limited has announced the receipt of a Work Order worth ₹2,14,40,556 from the Maharashtra Metro Rail Corporation Limited (Maha-Metro). The project involves rectification work of Supply, Installation, Testing, and Commissioning of Electrical and Mechanical (E&M) systems for Navi Mumbai Metro Line-1, undertaken on behalf of CIDCO.

Key Highlights of the Contract

1. Client and Project Authority:

   • Work awarded by Maharashtra Metro Rail Corporation Limited.
   • Part of the Navi Mumbai Metro Line-1 project, implemented by CIDCO.

2. Contract Value:

   • Total contract value amounts to ₹2,14,40,556/- (inclusive of GST).

3. Scope of Work:

   • Rectification of E&M systems, which includes supply, installation, testing, and commissioning tasks.

4. Date of Work Order:

   • Work order issued on January 3, 2025.

Strategic Importance for Univastu India

This project win adds a significant boost to Univastu India's order book. With metro rail systems being a key focus of urban infrastructure development in India, this work order:

• Reinforces Univastu’s expertise in delivering electrical and mechanical engineering solutions.
• Enhances its portfolio of infrastructure projects in the metro and urban transport sector.

Impact on Operations

The ₹2.14 crore project is expected to contribute positively to Univastu India’s:

• Revenue stream for FY 2025.
• Market presence in the infrastructure development sector, especially in metro rail projects.

Regulatory Compliance

The company has disclosed this update under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, maintaining transparency and aligning with stakeholder interests.

Conclusion

Univastu India’s work order win from Maharashtra Metro Rail Corporation for the Navi Mumbai Metro Line-1 rectification project underscores its capability and growing footprint in the infrastructure domain. This achievement is poised to strengthen the company’s reputation as a reliable player in large-scale urban development projects.

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