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The combined solution aims to help hotels improve pricing, distribution and operational efficiency, especially in competitive hospitality markets.
The project has been awarded under the Tariff Based Competitive Bidding mechanism.
The purchase has been placed on a kilometre rate basis with a PV formula, ensuring price variation adjustments through the execution period.
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The total design length of the project is 11.268 km, covering the stretch from Design Km 21.000 to Design Km 32.268.
The company has secured this order from an engineering and infrastructure company for supply of pipes with external 3 LPE coating.
The board of directors has recommended a dividend of ₹4 per equity share with a face value of ₹2
The two companies plan to explore associations with multi-lateral funding agencies and other financing avenues for future urban projects.
As per the details disclosed by the company, issue price has been fixed at ₹1,835.55 per share, determined by an independent valuer.
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