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Chowgule Ports Infra + Unity Infraprojects

January 18, 2008

The board of Chowgule Steamships has passed an enabling resolution for making investment over a period of time up to Rs 28 crore in Chowgule Ports & Infrastructure, which proposes to undertake port and ship repair infrastructure projects in Jaigad.

Unity Infraprojects has received the letter of intent dated 16 January 2008 from Magarpatta Retail for civil construction works of the proposed building for Magarpatta Retail Mall Project at Magarpatta City, Hadapsar, Pune. The contract value is Rs 102.14 crore (exclusive of VAT (WCT) & service tax) and the project is to be completed with 9.5 months from commencement of work.

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