Pratibha Industries secures contract

Pratibha Industries Ltd has informed that the Company has secured a contract for construction of Residential Complex of four High Rise Towers of 49 floors from Vijay Associates (Wadhwa) Constructions Pvt. Ltd. The total area to be constructed is about 25 lakhs sq. ft. The total value of the contract is Rs 58.92 crores excluding cost of material. The completion period of the project is 33 months. The Company is engaged in infrastructure business and manufacture of SAW pipes. As the Company moves ahead, the Company has laid increased emphasis on devising its business strategy on aggressive top line growth, a de-risked business model and increased operational efficiencies.