Happy Square Wins Rs 21 Crore Work Order for Toll Plaza Management in Rajasthan
Happy Square Outsourcing Services Limited has secured a new work order from M/s Rajasthan State Road Development & Construction Corporation Limited (RSRDCC). The contract, valued at Rs 21.0044 Crores including all applicable taxes, involves the management and operation of toll plazas within a significant road project in Rajasthan.The work order details the engagement of Happy Square as the User Fee Collection Agency. This includes providing various management services at designated locations under the scope of the contract.
The contract pertains to the Jodhpur-Osian-Phalodi BOT Road project, and the specific toll plaza locations include Lordiya, Palli, Kiramsariya, and Rampura in the State of Rajasthan.
The services are scheduled to be provided until June 30, 2027. This new contract is intended to strengthen the company’s order book and is expected to generate revenue amounting to approximately Rs 21.0044 Crores over the defined contract period.
Key commercial terms of the awarded contract are summarized below:
| Aspect | Detail |
|---|---|
| Awarding Entity | Rajasthan State Road Development & Construction Corporation Limited |
| Nature of Work | User Fee Collection Agency and associated management services for toll plazas at Lordiya, Palli, Kiramsariya, and Rampura. |
| Contract Value | Rs 21.0044 Crores (inclusive of all applicable taxes). |
| Service Period | Up to June 30, 2027 |
| Business Nature | The order falls within the ordinary course of business for Happy Square Outsourcing Services Limited. |
WHITEFORCE Stock Price Movement
Today, shares of Happy Square Outsourcing Services Limited settled flat at ₹44.6 after the close, reflecting no change for the day. The stock remained stable throughout trading activity.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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