Manav Infra Projects Secures ₹7.23 Crore Work Order for Shree Mohan CHSL Project in Mumbai

1 min read     Updated on 09 May 2026, 01:19 PM
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AI Summary

Manav Infra Projects Limited has secured a work order worth approximately ₹7,23,96,812 for infrastructure works at Shree Mohan CHSL, Janeshwar CHS, Borivali, Mumbai-400091, awarded by Kanakia Transparent Developers Private Limited. The order value is inclusive of GST at 18%. The development was disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, on 08.05.2026, and is described as being in the normal course of business.

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Manav Infra Projects Limited has announced the receipt of a new work order for infrastructure works, as disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, on 08.05.2026. The order has been awarded by Kanakia Transparent Developers Private Limited for a project located in Borivali, Mumbai.

Work Order Details

The company has been engaged to carry out infrastructure works for the project named Shree Mohan CHSL, situated at Janeshwar CHS, Borivali, Mumbai-400091. The following table summarises the key details of the work order:

Parameter: Details
Project Name: Shree Mohan CHSL, Janeshwar CHS
Project Location: Borivali, Mumbai-400091
Client: Kanakia Transparent Developers Private Limited
Order Value (approx.): ₹7,23,96,812 (Rupees Seven Crores Twenty Three Lakhs Ninety Six Thousand Eight Hundred and Twelve Only)
GST Inclusion: Inclusive of GST @ 18%
Disclosure Date: 08.05.2026
Regulatory Reference: Regulation 30 of SEBI (LODR) Regulations, 2015

Nature of the Order

The total cost of the project or order value is approximately ₹7,23,96,812, inclusive of GST at 18%. The company has clarified that the intimation is in the normal course of business. The disclosure was formally communicated to the National Stock Exchange of India Limited by Mahendra Narayan Raju, Managing Director of Manav Infra Projects Limited.

Historical Stock Returns for Manav Infra Projects

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+9.35%+12.16%+90.80%+259.31%+738.38%

How will this ₹7.24 crore Borivali project impact Manav Infra Projects' overall order book size and revenue visibility for FY2026-27?

Is this work order indicative of a deeper strategic partnership between Manav Infra Projects and Kanakia Transparent Developers, potentially leading to more project collaborations in Mumbai's real estate market?

Given Mumbai's competitive infrastructure contracting landscape, how does Manav Infra Projects plan to scale its presence in the premium residential redevelopment segment beyond this project?

1 Year Returns:+259.31%