Mumbai, April 10 -- The contract involves construction of various infrastructural facilities aimed at expanding the capacity of the car shed at Kalwa. The project is to be executed within a period of 24 months from the date of commencement.

The order has been awarded by a domestic entity and falls under the category of a standard work order.

Notably, the transaction is classified as a related party deal. Jahidmohmed Vijapura, deemed promoter of GHV Infra Projects, is also associated with the awarding entity.

He serves as a Director and shareholder in GHV (India) and is a designated partner in JHV Commercials LLP, which holds a significant stake in GHV Infra Projects.

The company stated that the transaction is being conducted on an arm...