SPML Infra receives orders in JV with share of Rs316.91cr

SPML has also under JV arrangements received the LOA for the rural water supply in Uttar Pradesh where the company share will be ~ Rs186cr.

Feb 01, 2021 05:02 IST India Infoline News Service

SPML Infra Limited has received orders from various Government Agencies under JV Arrangements where SPML’s share is Rs316.91cr.

“The Finance Committee of the Board of Directors of the Company at their meeting held on January 30, 2021, noted that till date, the company had received orders from various Government Agencies under JV Arrangements where SPML’s Share is Rs316.91cr,” company informed the exchanges on Saturday.

The company said that the projects are to be executed in the district of Uttar Pradesh namely Patyora Danda, Kota Mustakil group of villages, Haraulipur group of villages and Lagon group of Villages.

Further, SPML has also under JV Arrangements received the LOA for the rural water supply in Uttar Pradesh mainly for the district Kasgunj, Badaun, Pilibhit, Amroha, Rarnpur and Sambhal where the Company share will be ~ Rs186cr.

SPML Infra Ltd trade ended at Rs13.85 per piece down Rs0.60 or 4.15% from its previous closing of Rs14.45 on the BSE. It touched a high of Rs15.12 during intraday trade on Monday.

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