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GHV Infra Projects receives Rs 546 crore road project in Mumbai from related group company
By Aditya Bhagchandani Published on June 6, 2025, 17:17 IST
GHV Infra Projects Limited has announced the receipt of a significant work order valued at approximately Rs 546 crore (excluding GST) for strengthening and improving various roads in Mumbai, Maharashtra. The order was awarded by M/s. GHV (India) Private Limited, a related group company.
The road construction project, which falls under domestic contracts, is expected to be completed within 24 months. The nature of the relationship between the two entities is noteworthy—Mr. Jahidmohmed H. Vijapura, deemed promoter of GHV Infra Projects, is also a Director and shareholder in GHV (India) Private Limited, the awarding company. Despite this association, the company confirmed that the order has been awarded on an arm's length basis.
This work order is expected to enhance GHV Infra's execution pipeline and reinforce its position in the urban infrastructure segment, particularly in Maharashtra's capital.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
