Manav Infra wins Rs 12.29 crore order from Adani Realty

Manav Infra Projects has secured a significant work order from Adani Realty for the Motilal Nagar Redevelopment Project. The company will undertake Shore Piling works for the MN1 S1 Parcel located in Goregaon West, Mumbai. The order was intimated to the National Stock Exchange under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Project Details

The total cost of the project is approximately Rs 12,28,61,665. This order value is inclusive of Goods and Services Tax (GST) at 18%. The project is part of the broader Motilal Nagar Redevelopment initiative, a key infrastructural development in the western suburbs of Mumbai.

Financial Implications

The following table outlines the financial specifics of the order received:

Component	Details
Client	Adani Realty
Nature of Work	Shore Piling works (MN1 S1 Parcel)
Order Value	Rs 12,28,61,665
Tax Status	Inclusive of GST @ 18%

The company stated that this intimation is in the normal course of business. The execution of this project is expected to contribute to the company's revenue stream in the current fiscal period.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.11%	+4.53%	+7.14%	+93.13%	+289.61%	+773.79%

Manav Infra Projects Limited has disclosed the receipt of a fresh work order worth ₹2,99,39,984.87 (Rupees Two Crore Ninety-Nine Lakh Thirty-Nine Thousand Nine Hundred Eighty-Four and Eighty-Seven Paise Only) from Kolte Patil Developers Limited. The intimation was made under Regulation 30 of SEBI (LODR) Regulations, 2015 and disclosed on 11.05.2026. The order pertains to the extension of shore piling and anchoring work at Bangur Nagar, Goregaon West, Mumbai-400104.

Order Details

The fresh work order builds upon an earlier engagement between Manav Infra Projects and Kolte Patil Developers Limited at the same project site. The company had previously received a work order for the same project amounting to approximately ₹1,79,19,436.65 (Rupees One Crore Seventy-Nine Lakh Nineteen Thousand Four Hundred Thirty-Six and Sixty-Five Paise Only). The new order represents an extension of the scope of work at the site. Notably, the disclosed project amount is inclusive of GST at 18%.

The key details of the work orders are summarised below:

Parameter:	Details
Client:	Kolte Patil Developers Limited
Work Type:	Shore Piling and Anchoring Work
Project Location:	Bangur Nagar, Goregaon West, Mumbai-400104
Previous Order Value:	₹1,79,19,436.65
Fresh Order Value:	₹2,99,39,984.87
GST Inclusion:	18% (inclusive in order value)
Disclosure Date:	11.05.2026
Regulatory Reference:	Regulation 30, SEBI (LODR) Regulations, 2015

Regulatory Disclosure

The intimation was filed by Mahendra Narayan Raju, Managing Director of Manav Infra Projects Limited, and submitted to the Listing Department of the National Stock Exchange of India Limited. The company has stated that the intimation is in the normal course of business. The disclosure was made from the company's registered office at 102, Gundecha Industrial Complex Premises Co-Op. Soc., Ltd., Akurli Road, Near Growels Mall, Kandivali East, Mumbai-400101.