Globe Civil Projects Limited Secures Rs 1.2 Crore Contract from Central University of Punjab
Globe Civil Projects Limited has secured a contract worth Rs 1,20,00,000/- from Central University of Punjab for providing and fixing FRP screens in the Aryabhata Academic Block. The project is designated as a Book Order Quantity (BOQ) order and holds significant importance for the company's business operations.The contract involves the furnishing and installation of specialized screens at the specified academic block within the university campus. The work is scheduled to be completed within 120 days, starting from the award of the order.
Key details regarding the project awarded by Central University of Punjab are summarized below:
| Parameter | Details |
|---|---|
| Client | Central University of Punjab |
| Project Scope | Providing and Fixing of FRP Screens in the Aryabhata Academic Block |
| Contract Value | Rs 1,20,00,000/- (Rupees One Crore Twenty Lakh Only) |
| Nature of Order | BOQ - Book Order Quantity |
| Period of Completion | 120 Days |
| Location | Central University of Punjab (CUPB), VPO Ghudda Bafl, Punjab |
The contract falls under the category of a domestic entity order. Furthermore, the company confirmed that neither Globe Civil Projects Limited nor its promoter group has any interest in the awarding entity, and the transaction would not constitute a related party transaction.
GLOBECIVIL Stock Price Movement
On Friday, shares of Globe Civil Projects Limited slipped by 0.66%, settling at ₹42.15 in market trading. The stock recorded an intraday range, moving between a low of ₹41.5 and a high of ₹42.98.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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