GHV Infra Projects Ltd has received a Letter of Award from Rana Exim FZ-LLC for an EPC contract valued at ₹2,645 crore. The work involves constructing industrial and commercial buildings at the Erisha Smart Manufacturing Hub in the Ras Al Khaimah Economic Zone (RAKEZ), United Arab Emirates.
The contract will be executed over 24 months, excluding a 90-day initial setup and mobilisation period. The total contract value is AED 1,12,42,74,621. The scope includes engineering, procurement, and construction of the facilities at the manufacturing hub.
With this deal, GHV Infra’s total order book has crossed ₹6,500 crore. The company confirmed this figure in its official stock exchange filing dated August 2, 2025. The project adds an overseas order to the firm’s portfolio.
The project is being executed for a non-domestic entity, with no promoter or group company interest in the awarding firm. The order was secured independently without any related party connections.
On July 24, 2025, the company’s board approved a stock split in a 2:1 ratio and a bonus issue of 3:2. The board also cleared a proposal to increase the authorised share capital from ₹16 crore to ₹66 crore. These changes are pending shareholder approval.
GHV Infra Projects, formerly known as Sindu Valley Technologies Ltd., operates in sectors including transport infrastructure, industrial plants, and buildings. It was incorporated in March 1976 and is currently listed on the BSE.
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As of 10:07 AM on August 4, 2025, GHV Infra Projects share price was trading at ₹1,549.20, a 2% increase.
The UAE contract adds to GHV Infra’s international project pipeline. Work on the Erisha Smart Manufacturing Hub is expected to begin following the setup period.
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Published on: Aug 4, 2025, 10:09 AM IST
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