Manav Infra Projects wins Rs 48.76 lakh order from JSW Foundation

1 min read     Updated on 19 Jul 2026, 09:10 PM
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AI Summary

Manav Infra Projects has secured a work order worth Rs 48.76 lakhs from JSW Foundation for micro piling works at St. Elizabeth's Hospital in Mumbai. The project cost is inclusive of GST at 18%. The company disclosed this information under Regulation 30 of the SEBI (LODR) Regulations, 2015.

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Manav Infra Projects has secured a work order worth Rs 48.76 lakhs from JSW Foundation for carrying out micro piling works at St. Elizabeth's Hospital in Mumbai. The project, located at Jamanadas Mehta Road, Teen Batti, Malabar Hill, represents a new business development for the infrastructure firm. The total order value includes Goods and Services Tax (GST) at 18%, bringing the total project cost to Rs 48,76,395.

The intimation regarding this business update was submitted to the National Stock Exchange of India under Regulation 30 of the SEBI (LODR) Regulations, 2015. The disclosure was made by Mahendra Narayan Raju, Managing Director of Manav Infra Projects. The company stated that this order is part of its normal course of business operations.

Project Details Information
Client JSW Foundation
Project Location St. Elizabeth's Hospital, Malabar Hill, Mumbai
Nature of Work Micro Piling Works
Order Value Rs 48,76,395
GST Rate 18%

JSW Foundation is the social development arm of the JSW Group. The micro piling works at the hospital site are expected to leverage the company's expertise in specialized construction activities. The order value, while modest, adds to the company's order book in the infrastructure sector.

Historical Stock Returns for Manav Infra Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-4.94%-4.94%-22.37%+8.35%+75.59%+323.40%

Will this project with JSW Foundation pave the way for future collaborations within the JSW Group?

How does this order impact Manav Infra Projects' overall order book and revenue projections for the fiscal year?

Could this successful execution lead to more specialized infrastructure contracts in the healthcare sector?

Manav Infra Projects promoters hold 9.06 million shares in FY26

0 min read     Updated on 06 Jun 2026, 05:03 PM
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Manav Infra Projects disclosed that its promoters and promoter group held 9,059,000 equity shares as of March 31, 2026. The filing confirms no shares were encumbered during the financial year ended March 31, 2026.

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Manav Infra Projects disclosed that its promoters and promoter group held 9,059,000 equity shares as of March 31, 2026, confirming no encumbrance of shares during the financial year ended March 31, 2026. The filing was submitted to the National Stock Exchange of India in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure identifies Mr. Mahendra Narayan Raju as the promoter and Mahalakshmi M. Raju and Rajamma Narayan Gadhraju as members of the promoter group. The declaration states that the group has not made any encumbrance of shares directly or indirectly throughout FY26.

Shareholding Details

The table below outlines the shareholding structure of the promoters and promoter group as of the specified date.

Category Name
Promoter Mr. Mahendra Narayan Raju
Promoter Group Member Mahalakshmi M. Raju
Promoter Group Member Rajamma Narayan Gadhraju

The submission, signed by Mahendra Narayan Raju, requests the exchange to place the information on record. This regulatory filing provides transparency regarding the ownership status and any potential liens or charges on the promoter's holdings during the reported period.

Historical Stock Returns for Manav Infra Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-4.94%-4.94%-22.37%+8.35%+75.59%+323.40%

What are Manav Infra Projects' strategic capital allocation plans for FY27 given the unencumbered promoter holdings?

Could the clean ownership status signal potential future fundraising or equity dilution by the promoters?

How might this disclosure impact investor confidence and trading liquidity for Manav Infra Projects?

More News on Manav Infra Projects

1 Year Returns:+75.59%