GHV Infra Projects Limited , a prominent player in the infrastructure sector, has announced a significant international contract win, marking a major milestone in the company's growth trajectory.

Contract Details

The company has received a Letter of Award (LOA) from Rana Exim FZ-LLC for an Engineering, Procurement, and Construction (EPC) project to develop the Erisha Smart Manufacturing Hub in Ras Al Khaimah Economic Zone (RAKEZ), United Arab Emirates (UAE). The project, valued at approximately Rs. 2,645.00 crore (AED 1.12 billion), involves the construction of state-of-the-art industrial and commercial buildings.

Project Scope and Timeline

The scope of work includes the EPC development of the Erisha Smart Manufacturing Hub, consisting of industrial and commercial buildings. The project is estimated to be completed within 24 months, excluding a 90-day initial setup and mobilization period.

Strategic Importance

This international EPC contract represents a significant expansion of GHV Infra Projects' global footprint. The company's Managing Director, Ajay Hans, stated in the regulatory filing that this project aligns with the company's strategy to diversify its portfolio and expand into international markets.

Contract Specifics

Implications for GHV Infra Projects

This contract win is expected to significantly boost GHV Infra Projects' order book and enhance its reputation in the international infrastructure development market. The project's scale and location in the strategic Ras Al Khaimah Economic Zone underscore the company's capabilities in handling large-scale, complex projects.

Market Response

The announcement of this contract is likely to be well-received by investors, as it demonstrates the company's ability to secure high-value international projects. This development may positively impact the company's future growth prospects and financial performance.

GHV Infra Projects Limited continues to strengthen its position in the infrastructure sector, with this latest contract adding to its diverse portfolio of projects. The successful execution of this project could pave the way for more international opportunities in the future, potentially driving the company's long-term growth strategy.

GHV Infra Projects Limited (GHVINFRA) has announced a series of significant corporate actions and appointments aimed at enhancing shareholder value and strengthening its corporate governance structure.

Stock Split and Bonus Issue

The company's Board of Directors has approved a 2:1 stock split, reducing the face value of each equity share from Rs. 10.00 to Rs. 5.00. This move is designed to improve the liquidity of the company's shares and make them more accessible to retail investors.

In addition to the stock split, GHV Infra Projects has also approved a bonus issue in the ratio of 3:2, meaning shareholders will receive three new shares for every two existing shares held. The bonus shares will be issued from the capitalization of the company's free reserves and/or share premium account.

Key Financial Details

The company plans to increase its authorized share capital from Rs. 16.00 crore to Rs. 66.00 crore to accommodate the bonus issue and future growth plans.

New Appointments

GHV Infra Projects has also made two key appointments:

1. Mr. Ravi Kumar Seth (DIN: 02427404) has been appointed as an Additional Non-executive Independent Director for a term of five years, subject to shareholder approval. Mr. Seth, aged 70, is a qualified chartered accountant with 47 years of experience in practicing accountancy and interacting with entrepreneurs from various fields.

2. Mr. Daksh Tulsibhai Mewada (ACS 75129) has been appointed as the Company Secretary and Compliance Officer. Mr. Mewada is an associate member of the Institute of Company Secretaries of India with four years of experience in handling company secretarial and compliance functions.

Timeline and Approvals

The stock split and bonus issue are subject to shareholder approval, which will be sought at an Extraordinary General Meeting scheduled for August 26, 2025. The company expects to complete these corporate actions within two months of receiving shareholder approval.

GHV Infra Projects has also confirmed that Mr. Ravi Kumar Seth has not been debarred from holding the office of Director by any regulatory authority.

These strategic moves by GHV Infra Projects Limited are expected to enhance shareholder value and strengthen the company's market position.