Deals14 Oct 2024, 09:00 pm
J.KUMAR INFRAPROJECTS LTD. Receives Rs. 297.83 Cr Order from Pune Municipal Corporation
AI Summary
J.KUMAR INFRAPROJECTS LTD. has announced the receipt of a Work Order from M/s. Pune Municipal Corporation for the project: Development of Mula river from Wakad bypass to Sangvi bridge (stretch 1,2,3). The total contract cost amounts to Rs. 297.83 Cr (Rupees Two Hundred and Ninety- Seven Crores and Eighty-Three Lacs only, excluding GST and Royalty). The project duration is 36 months.
Key Highlights
- Order received from Pune Municipal Corporation for Mula river development project.
- Total contract cost amounts to Rs. 297.83 Cr.
- Project duration is 36 months.
- No related party transactions involved.
- Company's interest in the project aligns with arm's length principles.