Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, PSP Projects has informed that the company is in receipt of Work Order worth INR 101.67 Crores (excl. GST) for the project ‘Construction and Maintenance of Main Building of GBRC’ for Gujarat Biotechnology Research Centre (GBRC) at GIFT City Gandhinagar, Gujarat in Government Category. The project is to be completed within a period of 18 months. With receipt of above orders, the total order inflow for the financial year 2023-24 till date amounts to INR 1060.30 Crores. Further, the company has informed that it has emerged as Lowest Bidder (L1 Bidder) for the project ‘Development of Sabarmati Riverfront’ for Ahmedabad Municipal Corporation at Ahmedabad, Gujarat worth INR 409.93 Crores (Excl. GST). Further, it has confirmed that none of the promoters/promoter group/group companies have any interest in the entity/entities from whom the order/contract is received and the award of order does not fall within the purview of related party transactions.
