Deals24 Jun 2025, 02:13 pm
Capacite Infraprojects Receives LOI of Rs. 621 Crore from Saifee Burhani Upliftment Trust
AI Summary
Capacite Infraprojects Limited has received a Letter of Intent (LOI) from Saifee Burhani Upliftment Trust for a total contract value of Rs. 621 Crore, excluding GST. The project involves carrying out core and shell works, finishing, MEPF services, and other related works for the project - Sector 07 of Saifee Burhani Upliftment Project located at Ward ‘C’, Bhendi Bazaar, Mumbai. This is the third repeat order from Saifee Burhani Upliftment Trust, reflecting the strength of the long-standing relationship and the client’s trust and confidence in Capacite’s service and quality delivery.
Key Highlights
- Capacite Infraprojects received LOI from Saifee Burhani Upliftment Trust for a contract value of Rs. 621 Crore.
- The project involves core and shell works, finishing, MEPF services, and other related works for a project in Bhendi Bazaar, Mumbai.
- This is the third repeat order from Saifee Burhani Upliftment Trust, indicating a strong and long-standing relationship.
- The order does not fall within the ambit of related party transactions.
- The trading window for dealing in the securities of Capacite Infraprojects Limited will remain closed up to 48 hours of this disclosure.