Praveg receives work order for Jalandhar House, Diu and Damanganga Circuit House, Silvassa

Praveg Limited, India's leading eco-responsible luxury resorts company, announced receiving the work order for Operation, Maintenance and Management of Jalandhar House, Diu and Damanganga Circuit House, Silvassa. The work order for both properties is for a period of Seven (7) years that could be extended up to another Three (3) years.

Speaking on the occasion, Mr. Vishnu Patel, Chairman - Praveg Limited said, "We are delighted to receive the work order for Operation, Maintenance and Management at Jalandhar House, Diu and Damanganga Circuit House, Silvassa. We are thankful to U.T. of Dadra & Nagar Haveli and Daman & Diu Tourism department for reposing their faith on us.With our team of experts andproject knowhow, we are confident of commencing the operationsof both these projects post signing the agreement."

Jalandhar House and Damanganga projects are spanning across a sprawling 15,000 and 12,000 square meters respectively. These expansive properties represent an exciting addition to Praveg's portfolio, aimed at delivering an elevated and premium guest experience, further enriching our commitment to exceptional hospitality.

With the addition of these properties, Praveg will now have 9 properties in operation and 12 under development. Company aims to further add more eco-responsible luxury resorts across India.

Shares of Praveg Communications (India) Ltd was last trading in BSE at Rs. 708.35 as compared to the previous close of Rs. 656.50. The total number of shares traded during the day was 169775 in over 2904 trades.

The stock hit an intraday high of Rs. 730.00 and intraday low of 658.60. The net turnover during the day was Rs. 117146868.00.

Source : Equity Bulls

Keywords

Praveg INE722B01019 WorkOrder JalandharHouse Diu DamangangaCircuitHouse Silvassa