BSEGeneral28 Oct 2026 · 28 Oct 2026, 04:31 pm
Update to earlier intimation dated September 16, 2026 regarding receipt of the Letter of Acceptance (LoA) from Tourism Corporation of Gujarat Limited (TCGL).
Praveg Ltd · 531637
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Praveg Ltd has received a Work Order from Tourism Corporation of Gujarat Limited (TCGL) for appointment as an Event Contractor for developing rest shelter facilities for the Parade Contingent in the Statue of Unity (SOU) Area. The scope of work includes providing, erecting and furnishing the complete set-up with supporting infrastructure, along with operation, maintenance and running of the premises for 13 days. The tentative contract value is INR 11,15,93,500/- (Rupees Eleven Crore Fifteen Lakh Ninety-Three Thousand Five Hundred only), plus applicable GST.
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Praveg Ltd - 531637 - Announcement under Regulation 30 (LODR) - Amendment or termination of order(s) or contract(s)
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October 28, 2026
BSE Limited
25th Floor, P J Towers,
Dalal Street, Fort,
Mumbai - 400 001
Scrip Code: 531637
Dear Sirs,
Sub.: Intimation regarding receipt of Work Order from Tourism Corporation of Gujarat Limited (TCGL)
- Update to earlier disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
With reference to our earlier intimation dated September 16, 2026, regarding receipt of the Letter of
Acceptance (LoA) from Tourism Corporation of Gujarat Limited (TCGL), we wish to inform you that the
Company has received a Work Order No. TCGL/ADM/RED/P01/2591/2026 dated October 27, 2026, for
appointment as an Event Contractor for developing rest shelter facilities for the Parade Contingent in the
Statue of Unity (SOU) Area.
The scope of work includes providing, erecting and furnishing the complete set-up with supporting
infrastructure, along with operation, maintenance and running of the premises for 13 days, from October
20, 2026, to November 1, 2026.
As per the Work Order, the accommodation requirement has been revised to 6,700 personnel, comprising
3,350 two-tier bunk beds, as per the layout approved by TCGL. The tentative contract value is INR
11,15,93,500/- (Rupees Eleven Crore Fifteen Lakh Ninety-Three Thousand Five Hundred only), plus
applicable GST. The final contract value shall be determined based on the actual quantities executed and
measured at site, as per joint measurement certified by the Project Management Consultant (PMC) and
TCGL, at the respective Bill of Quantities (BOQ) rates.
The relevant details, as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master
Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed
herewith as Annexure A.
This is for your information and record.
Thanking you,
Yours Faithfully,
For Praveg Limited
Mukesh Chaudhary
Company Secretary &
Compliance Officer
Encl. : As Above
Annexure-A
Disclosure of information pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI
Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026:
SR. Particulars Description
1 Name of the entity awarding the Tourism Corporation of Gujarat Limited (TCGL), a
order(s)/contract(s) Government of Gujarat undertaking
2 Significant terms and conditions of Appointment of Praveg Limited as Event Contractor for
order(s)/contract(s) awarded in developing rest shelter facilities for the Parade Contingent
brief in the Statue of Unity (SOU) Area, including providing,
erecting and furnishing the complete set-up with
supporting infrastructure, and operation, maintenance
and running of the premises. The revised accommodation
requirement is 6,700 personnel, comprising 3,350 two-tier
bunk beds, as per the layout approved by TCGL. The Work
Order is subject to the terms and conditions specified
therein and in the tender documents.
3 Whether order(s)/contract(s) have Domestic entity
been awarded by domestic /
international entity
4 Nature of order(s)/contract(s) Event contracting - development and operation of rest
shelter facilities for the Parade Contingent.
5 Whether domestic or international Domestic
6 Time period by which the All works are to be completed before October 18, 2026.
order(s)/contract(s) is to be The facilities are to be operated and maintained from
executed October 20, 2026, to November 1, 2026 (13 days).
Dismantling and site restoration are to be completed
within seven days after completion of the event.
7 Broad commercial consideration or Tentative contract value of INR 11,15,93,500/- (Rupees
size of the order(s)/contract(s) Eleven Crore Fifteen Lakh Ninety-Three Thousand Five
Hundred only), plus applicable GST. The final contract
value shall be determined based on actual quantities
executed and measured at site, as per joint measurement
certified by the PMC and TCGL, at the respective BOQ
rates.
8 Whether the promoter/ promoter No
group / group companies have any
interest in the entity that awarded
the order(s)/contract(s)? If yes,
nature of interest and details
thereof
9 Whether the order(s)/contract(s) No
would fall within related party
transactions? If yes, whether the
same is done at “arm’s length”