Engineering, procurement and construction company Capacit'e Infraprojects Ltd has secured a ₹482 crore work order from Twenty-Five Downtown Realty Limited for construction of civil works and civil finishes for Tower T5 at Mahalaxmi, Mumbai. According to reports from CNBC TV18, the project falls under the Super High-Rise category and includes comprehensive construction of basements, podiums, clubhouse, service floors, upper floors, penthouses and terrace level. The contract, excluding taxes and cess, covers the construction of Civil Works and Civil Finishes for Tower T5, which includes basements, podiums, a clubhouse, service floors, upper floors, penthouses, and the terrace level.
The order involves construction of civil works and civil finishes for Tower T5 at Mahalaxmi, Mumbai, under the Super High-Rise category. As reported by CNBC TV18, the project scope includes construction of basements, podiums, clubhouse, service floors, upper floors, penthouses and terrace level. The company confirmed that neither the promoters, promoter group nor any group companies have any interest in the entity awarding the contract, making it a normal business transaction. The work order represents a repeat order from Twenty-Five Downtown Realty Limited, highlighting the client's trust in Capacit'e Infraprojects' ability to deliver projects of scale.
Rahul Katyal, Managing Director of Capacit'e Infraprojects Ltd, expressed satisfaction with the repeat order from Twenty-Five Downtown Realty Limited. According to CNBC TV18, Katyal stated that this reaffirmation of trust underscores the company's proven ability to deliver projects of scale with uncompromising safety, quality, and engineering excellence. He emphasized that the company remains focused on securing projects of high complexity and maintaining leadership in the High Rise and Super High Rise category in India. The order was received in the normal course of business and forms part of the company's ordinary civil contracting operations.
This latest order follows Capacit'e Infraprojects' recent business activity, as reported by CNBC TV18. The company had secured an order worth ₹589 crore from a subsidiary of Raymond Realty Ltd last month for civil core and shell works for the project - The Address by GS' in Wadala, Mumbai. The managing director described this as a repeat order for the company, highlighting the strong endorsement of their long-standing partnership.
Despite securing the major project order, Capacit'e Infraprojects Ltd shares ended at ₹227.05, down by ₹5.85, or 2.51% on the BSE, as reported by CNBC TV18. The company confirmed that the order has been received in the normal course of business and forms part of the company's ordinary civil contracting operations, indicating strong operational momentum despite market volatility. Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of Capacit'e Infraprojects Limited shall remain closed for 48 hours from the dissemination of this disclosure.
