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2 | Date | Category | Amount (Cr) | Description | Link | |||||||||||||||||||||
3 | 17 January 2024 | Order Win | 631 | Company has emerged as Lowest (L1) Bidder in the Project "Construction of Gati Shakti Vishwavidyalaya” for Rail Vikas Nigam Limited | Link | |||||||||||||||||||||
4 | 23 January 2024 | Order Win | 445 | Company has emerged as Lowest (L1) Bidder for the Project "Development of a Dairy Plant” at Gadhka, Rajkot, Gujarat for National Dairy Development Board | Link | |||||||||||||||||||||
5 | 02 February 2024 | Change in Management | NA | Appointment SMP Parag Prabhu selote | Link | |||||||||||||||||||||
6 | 09 February 2024 | Raising of Funds | 300 | Approved raising of funds | Link | |||||||||||||||||||||
7 | 02 March 2024 | Order Win | 268 | Construction and Maintenance of Human and Biological Gallery at Science City, Ahmedabad | Link | |||||||||||||||||||||
8 | 11 March 2024 | Order Win | 410 | “Construction of Fintech Building” for Gujrat International Finance Tec-City Company Limited at GIFT City, Gandhinagar | Link | |||||||||||||||||||||
9 | 26 April 2024 | Fund raise | 244 | through QIP | Link | |||||||||||||||||||||
10 | 30 April 2024 | Order Win | 230 | “Construction of Mall & Multiplex” for Thoth Mall and Commercial Real Estate Private Limited at Surat | Link | |||||||||||||||||||||
11 | 15 May 2024 | Other Business Update | 170 | an 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 parties | Link | |||||||||||||||||||||
12 | 23 May 2024 | Change in Management | NA | Resignation SMP Parag Prabhu selote | Link | |||||||||||||||||||||
13 | 14 August 2024 | Order Win | 484 | Civil 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 Category | Link | |||||||||||||||||||||
14 | 14 August 2024 | Order Win | 102 | Construction 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 | |||||||||||||||||||||
15 | 23 September 2024 | Order Win | 389 | Construction of Gold Stone Hotel and Commercial Towers at Bangalore | Link | |||||||||||||||||||||
16 | 08 October 2024 | Order Win | 270 | Construction of high rise Residential Tower “SIBAN” at GIFT City, Gandhinagar | Link | |||||||||||||||||||||
17 | 22 October 2024 | Other Business Update | NA | Litigation (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 | |||||||||||||||||||||
18 | 30 October 2024 | Change in Management | NA | Resignation Mr. Viplav Shah, Vice President - Planning | Link | |||||||||||||||||||||
19 | 19 November 2024 | Open Offer | NA | by Adani Infra (India) Limited | Link | |||||||||||||||||||||
20 | 20 December 2024 | Other Business Update | NA | Litigation 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 | |||||||||||||||||||||
21 | 18 January 2025 | Other Business Update | NA | Litigation 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 | |||||||||||||||||||||
22 | 21 January 2025 | Other Business Update | NA | Litigation 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 | |||||||||||||||||||||
23 | 28 February 2025 | Order Win | 1,764 | Order 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 | |||||||||||||||||||||
24 | 05 March 2025 | Other Business Update | NA | Adani Infra Secures CCI Approval for Strategic Acquisition of PSP Projects | Link | |||||||||||||||||||||
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