Chavda Infra Secures ₹89.45 Crores Order for Residential Highrise Project

Chavda Infra Secures ₹89.45 Crores Order for Residential Highrise Project​

Ahmedabad, July 14, 2026 — Chavda Infra Limited has received a Letter of Acceptance (LOA) from ADI Shantigram Abode LLP for constructing the core and shell of a proposed residential highrise building at Adani Shantigram Township in Ahmedabad. This new contract valued at ₹89.45 crores, excluding GST, significantly boosts the company's order pipeline.

The receipt of this prestigious work order increases Chavda Infra Limited’s total unexecuted order book to approximately ₹813.90 crore as of the date, indicating strong revenue visibility for the civil construction firm. The project is scheduled for completion within 24 months.

Chavda Infra Limited, an integrated civil construction company based in Ahmedabad, Gujarat, brings over three decades of experience to the industry. The company offers a diversified portfolio, including general contracting and high-rise construction services, catering to residential, commercial, and institutional clients across Western India, with significant operations concentrated in Ahmedabad, Gandhinagar, GIFT City, Rajkot, and Baroda.

Order Book Growth and Project Scope​

The order secured from ADI Shantigram Abode LLP represents a substantial addition to the company’s committed workload. This project involves the construction of a core and shell structure for the residential highrise located within the Adani Shantigram Township development.

Chavda Infra Limited specializes in large-scale projects, offering expertise across multiple domains:

• Civil Construction: End-to-end contracting for residential, commercial, industrial, and institutional projects.
• High-Rise & Complex Structures: Specializing in the construction of high-rise residential and commercial towers.
• Ready-Mix Concrete (Chavda RMC): In-house production of premium ready-mix concrete tailored to project specifications.

Management Commentary​

Mahesh G. Chavda, Managing Director of Chavda Infra Limited, expressed satisfaction over securing the contract from ADI Shantigram Abode LLP. He stated that the order reflects client trust in the company's execution capabilities and commitment to quality.

Chavda Infra’s management noted that this project further strengthens its order book and reinforces its standing within the industrial construction segment. The company remains committed to utilizing its execution expertise, experienced team, and customer-centric approach to capitalize on opportunities in India's growing infrastructure and manufacturing sectors while delivering sustainable value to stakeholders.

CHAVDA Stock Price Movement​

Shares of Chavda Infra Limited are rallying toward ₹112.95 at 10:09 AM today, after surging 8.14% in live trading and gaining ₹8.50. The equity has seen strong intraday movement, with prices trading between a low of ₹105.1 and a high of ₹113.8.