Globe Civil Projects Bags ₹1.20 Crore Order from Central University of Punjab

Infrastructure and construction firm Globe Civil Projects Limited has secured a fresh domestic work order from the Central University of Punjab. The company received the formal Letter of Acceptance (LoA) for an institutional outfitting contract valued at ₹1,20,00,000 (₹1.20 crore).

Project Scope and Timeline Breakdown

The engineering and installation contract involves specialized building adjustments for the university's main science infrastructure hub. The essential operational milestones include:

Scope of Work: Providing and fixing Fiber Reinforced Plastic (FRP) screens inside the Aryabhata Academic Block.

Contract Structure: Awarded as a Book Order Quantity (BOQ) model under the primary guidelines of the institutional tender framework.

Execution Window: The university has mandated a strict turnaround period of 120 days from project handover to completion.

Geographic Location: The project site is located at the Central University of Punjab (CUPB) main campus, situated along the Bathinda-Badal Road in Ghudda, Bathinda, Punjab.

Governance and Compliance Parameters

Globe Civil Projects confirmed that the project was secured independently through transparent institutional bidding channels.

Shares of Globe Civil Projects Limited was last trading in BSE at Rs. 41.71 as compared to the previous close of Rs. 42.97. The total number of shares traded during the day was 758 in over 24 trades.

The stock hit an intraday high of Rs. 42.97 and intraday low of 41.50. The net turnover during the day was Rs. 31683.00.

Source : Equity Bulls

Keywords

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