Univastu India Limited has officially announced the receipt of a major Variation Order valued at approximately INR 115.79 Crores. This update is in continuation of the original Letter of Award (LOA) dated February 25, 2026, regarding the Mumbai Metro Rail Project of MMRDA.

The newly awarded Variation Order relates to the project titled ‘Design, Manufacture, Supply, Installation, Integration, Testing and Commissioning of Power Supply & Traction, E & M, Lifts and Escalators’ for Line 6 of the Mumbai Metro, specifically covering the route from Swami Samarth Nagar to Vikhroli (EEH). Issued by IRCON International Limited, this addition brings the total Revised Contract Value (RCV) for the project to approximately INR 601.46 Crores, alongside an unchanged Euro component of 2,679,469.73. The scope of work remains consistent with the original contract terms, including the specified maintenance periods.

Univastu India Limited is a Pune-based construction and infrastructure company involved in various civil engineering and infrastructure projects. As of 2025, the company has continued to focus on strengthening its presence in the urban infrastructure sector, particularly through participation in metro and rail-related electrification and E&M works. The company’s business model relies heavily on securing domestic government tenders and infrastructure development contracts to drive its growth and order book expansion.

The financial impact of this order is expected to bolster the company’s revenue streams over the coming project execution period, which spans a design-build phase of 104 weeks followed by extensive maintenance obligations. As this notice was limited to the disclosure of the variation order, specific details regarding the most recent quarterly profit and revenue growth or the involvement of prominent institutional investors were not provided in this filing.