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PSP Projects informs about receipt of work order

28 Feb 2025 Evaluate

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 Orders/LOI worth INR 1764.12 Crores* (excluding taxes). The details of orders as required as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 are enclosed. With receipt of said orders, the total order inflow for the financial year 2024-25 till date amounts to INR 3478.58 Crores. The company has informed that it has emerged as Lowest Bidder (L1 Bidder) for Development of Street at Ahmedabad worth INR 120.53 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. Further, the company has confirmed that all the work orders are received from Domestic entities and will be executed within the country.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Lodha Developers 1163.25
Prestige EstatesProj 1473.15
Dilip Buildcon 412.70
DLF 673.10
Oberoi Realty 1843.20
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