GHV Infra Projects Limited has filed an application with BSE Limited seeking approval to reclassify Mrs. Husena A Musamji from the 'Promoter and Promoter Group' category to the 'Public Shareholder' category. The application, dated May 26, 2026, was submitted in compliance with Regulation 31A of the Securities and Exchange Board of India (Listing Obligations And Disclosure Requirements) Regulations, 2015. The company's Board had previously approved this reclassification during its meeting held on May 22, 2026.

The request for reclassification originated from a letter dated April 06, 2026, received by the company from Mrs. Husena A Musamji. The company had initially intimated the exchange regarding this request on April 07, 2026. The move to reclassify the shareholder to the public category is subject to necessary regulatory approvals from the stock exchange and other authorities.

Regulatory Compliance

The submission to BSE is made in accordance with Regulation 31A(8) of the Listing Regulations. The company has requested the exchange to treat the filing as an intimation of a material event. The reclassification process aims to alter the shareholding status of Mrs. Husena A Musamji from the promoter group to the public category.

Company Details

The filing was made by Daksh Tulsibhai Mewada, Company Secretary & Compliance Officer of GHV Infra Projects Limited. The company, formerly known as Sindu Valley Technologies Limited, is headquartered in Mumbai. The application follows the Board meeting held on May 22, 2026, where the financial results for the year ended March 31, 2026, were also approved.

GHV Infra Projects Limited has received a Letter of Intent (LOI) from Cameroon Tyres Factory Project SA for the execution of Engineering, Procurement and Construction (EPC) works for a greenfield tyre manufacturing plant in Cameroon. The contract is valued at €630 million (equivalent to approximately INR 7,000 Crores), excluding taxes, and is to be executed on a Lump Sum Turnkey (LSTK) basis. This development, intimated to BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, marks a significant milestone in the company's international expansion.

Order Details

The following table summarises the key parameters of the contract as disclosed in the regulatory filing:

Project Scope and Significance

The EPC contract covers the complete construction of a greenfield tyre manufacturing facility with an annual production capacity of 7.6 million tyres, located at Bekoko in the Douala Littoral Region of Cameroon. As an LSTK contract, GHV Infra Projects will be responsible for the full project lifecycle—from engineering design and procurement of materials and equipment to the complete construction and handover of the facility within the stipulated 36-month period.

The €630 million order represents one of the company's largest international contract wins to date. The award of this contract to an Indian infrastructure company for a large-scale industrial manufacturing facility in Cameroon underscores the growing global competitiveness of Indian EPC players in securing high-value overseas projects. The company has confirmed that neither the promoter/promoter group nor any group companies hold any interest in the awarding entity, and the transaction does not constitute a related party transaction.

Key Highlights

• LOI received from Cameroon Tyres Factory Project SA for a greenfield tyre manufacturing plant
• Contract value: €630 million (approx. INR 7,000 Crores), excluding taxes
• Plant capacity: 7.6 million tyres per annum
• Project site: Bekoko, Douala, Littoral Region, Cameroon
• Completion timeline: 36 months from Notice to Proceed