Manav Infra Projects Secures ₹7.23 Crore Work Order for Shree Mohan CHSL Project in Mumbai
Manav Infra Projects Limited, a leading infrastructure company, has announced the receipt of a new work order worth approximately ₹7,23,96,812 for infrastructure works at the Shree Mohan CHSL project in Borivali, Mumbai. The order, inclusive of GST at 18%, was awarded by Kanakia Transparent Developers Private Limited and was disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, on 08.05.2026.
The project, named Shree Mohan CHSL, is located at Janeshwar CHS in Borivali, Mumbai-400091. The key details of the work order are summarized in the following table:
| Parameter | Details | |-------------------------------|-------------------------------------------------------| | Project Name | Shree Mohan CHSL, Janeshwar CHS | | Project Location | Borivali, Mumbai-400091 | | Client | Kanakia Transparent Developers Private Limited | | Order Value (approx.) | ₹7,23,96,812 (Rupees Seven Crores Twenty Three Lakhs Ninety Six Thousand Eight Hundred and Twelve Only) | | GST Inclusion | Inclusive of GST @ 18% | | Disclosure Date | 08.05.2026 | | Regulatory Reference | Regulation 30 of SEBI (LODR) Regulations, 2015 |
The total cost of the project is approximately ₹7,23,96,812, inclusive of GST at 18%. Manav Infra Projects Limited has clarified that the intimation is in the normal course of business. The disclosure was formally communicated to the National Stock Exchange of India Limited by Mahendra Narayan Raju, the Managing Director of Manav Infra Projects Limited.
This work order is a significant addition to Manav Infra Projects' portfolio, particularly in the premium residential redevelopment segment of Mumbai's real estate market. The company has a strong track record of delivering high-quality infrastructure projects, and this new order further solidifies its position in the competitive landscape of Mumbai's infrastructure contracting sector.
Manav Infra Projects has been proactive in scaling its presence in the premium residential redevelopment segment. The company's strategic focus on quality and customer satisfaction has helped it secure several high-profile projects in recent years. This new work order is indicative of the growing trust and partnership between Manav Infra Projects and Kanakia Transparent Developers, potentially leading to more collaborative projects in the future.
Given the competitive nature of Mumbai's infrastructure market, Manav Infra Projects is well-positioned to leverage this project to expand its footprint and enhance its revenue visibility for FY2026-27. The company's robust project management capabilities and commitment to excellence will be crucial in delivering the Shree Mohan CHSL project within the stipulated timelines and budget.
Manav Infra Projects' historical stock returns reflect its strong performance and growth potential. Over the past year, the company's stock has returned a remarkable 259.31%, highlighting the market's confidence in its strategic direction and execution capabilities.
In conclusion, the ₹7.23 crore work order for the Shree Mohan CHSL project in Mumbai is a significant milestone for Manav Infra Projects. It not only adds to the company's order book but also reinforces its reputation as a reliable and capable infrastructure developer in one of India's most dynamic urban markets.