GHV Infra Projects has strengthened its position in the rail infrastructure sector by securing two major contracts worth a combined ₹216 crore for Car Shed expansion projects. The company has bagged infrastructure development orders for both Sanpada and Kalwa Car Shed capacity expansion initiatives, demonstrating its growing capabilities in large-scale rail transportation projects.

Latest Sanpada Contract Award

The company has formally received a work order worth ₹111 crore from GHV (India) Private Limited for construction of various infrastructural development works for expansion of capacity of Car Shed at Sanpada. This latest contract, announced through a regulatory filing, requires completion within 24 months from the date of commencement and excludes GST from the stated value.

Dual Contract Portfolio Overview

Combined with the previously secured Kalwa Car Shed expansion project worth ₹105 crore, GHV Infra Projects now holds a substantial portfolio of rail infrastructure contracts. Both projects involve comprehensive infrastructural development works and are structured with identical 24-month completion timelines from their respective commencement dates.

Related Party Transaction Framework

Both contracts represent related party transactions conducted on an arm's length basis due to the interconnected ownership structure between the contracting entities. Mr. Jahidmohmed Vijapura, who serves as a deemed promoter of GHV Infra Projects Limited, holds the position of designated partner in JHV Commercials LLP, which maintains a major stake in the company. Additionally, Mr. Vijapura functions as both a director and shareholder of GHV (India) Private Limited, the entity awarding both contracts.

Strategic Business Impact

These substantial orders collectively worth ₹216 crore reinforce GHV Infra Projects' expanding presence in the rail infrastructure development sector. The dual Car Shed expansion projects will contribute to enhanced transportation infrastructure capacity in the Mumbai metropolitan region. The synchronized 24-month execution timelines provide substantial revenue visibility over the next two years and demonstrate the company's capability to manage multiple large-scale infrastructure assignments simultaneously in the rapidly growing rail transportation sector.

GHV infra projects Limited has received a formal request from a promoter group member seeking reclassification of shareholding from the promoter category to public category under SEBI regulations. The company, formerly known as Sindu Valley Technologies Limited, informed BSE Limited about this material corporate development on April 07, 2026.

Reclassification Request Details

The request was submitted by Husena A Musamji, a member of the promoter group, through a letter dated April 06, 2026. The reclassification involves a significant shareholding that would transition from the "Promoter and Promoter Group" category to the "Public" category of shareholders.

Regulatory Framework

The reclassification request falls under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Regulations, 2015). This regulation provides the framework for promoters and promoter group members to seek reclassification of their shareholding status from promoter category to public category, subject to specific conditions and approvals.

Next Steps and Approvals

GHV Infra Projects has indicated that the reclassification request will undergo proper evaluation through established corporate governance processes. The company's approach includes:

• Board of Directors will consider the request in accordance with regulatory requirements
• Necessary approvals will be sought from BSE Limited as mandated under Regulation 31A
• The process will follow all prescribed procedures under the Listing Regulations

Corporate Communication

The company has treated this development as a material event requiring disclosure under the Listing Regulations. GHV Infra Projects submitted the intimation to BSE Limited, ensuring compliance with transparency and disclosure norms. The communication was signed by Daksh Tulsibhai Mewada, Company Secretary & Compliance Officer, maintaining proper authorization protocols.

This reclassification request represents a significant corporate action that could impact the company's shareholding pattern and promoter group composition, subject to regulatory approvals and board decisions.