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DateCategoryAmount (Cr)DescriptionLink
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17 January 2024Order Win631Company has emerged as Lowest (L1) Bidder in the Project "Construction of Gati Shakti Vishwavidyalaya” for Rail Vikas Nigam LimitedLink
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23 January 2024Order Win445Company has emerged as Lowest (L1) Bidder for the Project "Development of a Dairy Plant” at Gadhka, Rajkot, Gujarat for National Dairy Development BoardLink
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02 February 2024Change in ManagementNAAppointment SMP
Parag Prabhu selote
Link
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09 February 2024Raising of Funds300Approved raising of fundsLink
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02 March 2024Order Win268Construction and Maintenance of Human and Biological Gallery at Science City, AhmedabadLink
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11 March 2024Order Win410“Construction of Fintech Building” for Gujrat International Finance Tec-City Company Limited at GIFT City, GandhinagarLink
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26 April 2024Fund raise244through QIPLink
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30 April 2024Order Win230“Construction of Mall & Multiplex” for Thoth Mall and Commercial Real Estate Private Limited at SuratLink
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15 May 2024Other Business Update170an out-of-court settlement has been reached between Company and SDB on the basis constructive dialogue, discussion and negotiations, effectively resolving all disputes between the partiesLink
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23 May 2024Change in ManagementNAResignation SMP
Parag Prabhu selote
Link
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14 August 2024Order Win484Civil and Structural Work for the project “Himalaya” at Sanand, Gujarat for International Refreshments (India) Private Limited worth INR 484.02 Crores (excl. GST) in Industrial CategoryLink
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14 August 2024Order Win102Construction of Project “Ninety” at Mumatpura, Ahmedabad
Prahaladbhai S. Patel, Chairman, Managing Director and CEO of the company is a Designated Partner in PSP Properties LLP and, as
such, is interested in the Work Orde
Link
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23 September 2024Order Win389Construction of Gold Stone Hotel and Commercial Towers at BangaloreLink
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08 October 2024Order Win270Construction of high rise Residential Tower “SIBAN” at GIFT City, GandhinagarLink
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22 October 2024Other Business UpdateNALitigation (Impact remains Unquantifiable)
A company was engaged in constructing a residential building for the PAC Mahila Battalion in Badaun, Uttar Pradesh, but the government terminated the project. In response, the company filed a writ petition to contest the termination order issued on March 27, 2024, and another communication from October 10, 2024, arguing that these actions were unjust.
Link
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30 October 2024Change in ManagementNAResignation
Mr. Viplav Shah, Vice President - Planning
Link
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19 November 2024Open OfferNAby Adani Infra (India) LimitedLink
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20 December 2024Other Business UpdateNALitigation
The company has filed a petition in the Lucknow Commercial Court challenging the unfair termination of its contract for constructing a building for the PAC Mahila Battalion, seeking temporary relief to complete the project and protect its financial interests. They request the court to halt the termination orders and prevent further actions by the respondents that could harm their rights.
Link
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18 January 2025Other Business UpdateNALitigation
The hearing for the company's petition regarding the termination of its construction contract has been postponed to January 20, 2025, due to the absence of the respondent's lawyers. Meanwhile, the respondent has encashed bank guarantees totaling ₹24.60 crores, but the company assures stakeholders that this will not significantly impact its finances, as it already holds ₹17.87 crores as a mobilization advance.
Link
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21 January 2025Other Business UpdateNALitigation
The company has reported that the hearing for its petition regarding the termination of its construction contract was postponed due to the respondent's lawyers requesting more time. In the meantime, the respondent has encashed performance bank guarantees of ₹8.02 crores, which the company argues is against natural justice since they had sought a stay on this action from the court.
Link
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28 February 2025Order Win1,764Order win due to Adani acqusition of PSP Project, Key projects are
1. City side Development at Ahmedabad Airport
2. Adani Medicity & Research Center
3. Residential Project at Shatigram
4. Leadership Guest House at Shatigram
Link
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05 March 2025Other Business UpdateNAAdani Infra Secures CCI Approval for Strategic Acquisition of PSP ProjectsLink
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