Deals28 Apr 2026, 11:04 am
Innovators Facade Systems wins ₹76.82 Cr Lodha project
AI Summary
Innovators Facade Systems Ltd has secured a Letter of Award from Lodha Developers Limited for facade works at the Lodha Worli Sea Face Project in Mumbai. The order, valued at ₹76.82 Crores (excluding taxes), involves the design, supply, and installation of facade works for the project's tower and clubhouse. The estimated completion period for this domestic contract is two years. The company confirmed that there is no promoter/promoter group interest in the awarding entity, nor does the transaction fall under related party transactions. This significant order is expected to contribute to the company's revenue pipeline over the next two years.
Key Highlights
- Innovators Facade Systems secured a ₹76.82 Cr order.
- Order from Lodha Developers for Mumbai facade works.
- Project involves design, supply, and installation.
- Estimated completion period is two years.
- No related party transaction or promoter interest.