+
GHV Infra Bags Rs 26.45 Bn UAE Contract for Smart Manufacturing Hub
ECONOMY & POLICY

GHV Infra Bags Rs 26.45 Bn UAE Contract for Smart Manufacturing Hub

GHV Infra Projects, a prominent player in EPC and turnkey infrastructure execution, has received a Letter of Award (LOA) from Rana Exim FZ-LLC for the development of industrial and commercial buildings at the Erisha Smart Manufacturing Hub, located in the Ras Al Khaimah Economic Zone (RAKEZ), UAE. Valued at approximately Rs 26.45 billion, the contract is expected to be completed within 24 months, excluding a 90-day setup and mobilization period.

Commenting on the achievement, Jahid Vijapura, Group Chairman of GHV Group, stated, “As GHV Group, we continue to strive to 'Build Value' by taking up selective, high-value projects like the development of a smart manufacturing hub that supports green EV production with zero discharge facilities. This order enhances our commitment to sustainable growth.” With this project, GHV Infra’s total order book has now crossed Rs 65 billion, with the company planning to explore further strategic opportunities in the near term.

In addition to the new contract, the company’s Board of Directors, in its meeting held on July 24, 2025, approved a stock split in the ratio of 2:1 to enhance share liquidity and accessibility for retail investors. It also approved the issuance of bonus shares in the ratio of 3:2. Furthermore, the Board approved increasing the authorized share capital from Rs 160 million to Rs 660 million, subject to member approval. The shareholders, in the Extraordinary General Meeting held on June 28, 2025, also approved the issuance of convertible warrants to both promoter and non-promoter groups on a preferential basis through private placement.

GHV Infra Projects, a prominent player in EPC and turnkey infrastructure execution, has received a Letter of Award (LOA) from Rana Exim FZ-LLC for the development of industrial and commercial buildings at the Erisha Smart Manufacturing Hub, located in the Ras Al Khaimah Economic Zone (RAKEZ), UAE. Valued at approximately Rs 26.45 billion, the contract is expected to be completed within 24 months, excluding a 90-day setup and mobilization period.Commenting on the achievement, Jahid Vijapura, Group Chairman of GHV Group, stated, “As GHV Group, we continue to strive to 'Build Value' by taking up selective, high-value projects like the development of a smart manufacturing hub that supports green EV production with zero discharge facilities. This order enhances our commitment to sustainable growth.” With this project, GHV Infra’s total order book has now crossed Rs 65 billion, with the company planning to explore further strategic opportunities in the near term.In addition to the new contract, the company’s Board of Directors, in its meeting held on July 24, 2025, approved a stock split in the ratio of 2:1 to enhance share liquidity and accessibility for retail investors. It also approved the issuance of bonus shares in the ratio of 3:2. Furthermore, the Board approved increasing the authorized share capital from Rs 160 million to Rs 660 million, subject to member approval. The shareholders, in the Extraordinary General Meeting held on June 28, 2025, also approved the issuance of convertible warrants to both promoter and non-promoter groups on a preferential basis through private placement.

Next Story
Infrastructure Urban

CJ Logistics’ Global CEO visits India to align growth strategy

Jonathan Song, newly appointed CEO of the Global Business Division at South Korea-based CJ Logistics, concluded a strategic three-day visit to India from July 29 to 31, reinforcing the company’s long-term commitment to the market through its subsidiary, CJ Darcl Logistics Ltd. Mr Song held high-level discussions with the CJ Darcl leadership and key customers to understand India’s evolving logistics needs, identify synergy areas, and enhance business alignment. His visit highlighted the strategic significance of India in CJ Logistics’ global network, especially amid the country’s g..

Next Story
Real Estate

Max Towers secures five star rating in safety audit by British Council

Max Estates, a leading NCR-based real estate developer, has achieved a five star rating in its first attempt at the British Safety Council’s ‘Five Star Occupational Health and Safety’ Audit for Max Towers, its premium commercial office project in Noida. The grading reflects the organisation’s commitment to the continual improvement of its occupational health and safety systems. The comprehensive audit covered documentation, interviews with senior management and employees, stakeholder feedback, and rigorous sampling of on-ground activities. It assessed performance against best prac..

Next Story
Real Estate

India’s Tier 2 & 3 Cities: The Next Growth Frontier for Real Estate

Introduction India’s metropolitan cities have long dominated the real estate landscape, shaping both market trends and public discourse, but the narrative is shifting towards India’s tier 2 and 3 cities. Beyond the metro cities, Tier 2 and Tier 3 cities such as Indore, Ahmedabad, Chandigarh, Jaipur, Coimbatore, Lucknow, Bhubaneswar, Kochi, Surat, Guwahati, and many others are emerging as vibrant real estate hubs. This growth is driven by impetus from rapid urbanisation, logistics corridors like the Delhi Mumbai Industrial Corridor, IT/ITeS investment zones, emergence of global capabil..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?