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( As on 04/01/2023 15:04) Guj. Industries - Outcome of Board Meeting

This is to inform you that, the Board of Directors of the Company, at its Meeting held on 03rd January, 2023, inter alia, approved the award of EPC Contract to M/s. Bhimji Velji Sorathia Construction Pvt. Ltd. at the cost of Rs. 259.00 Crores (Rupees Two Hundred Fifty Nine Crores) approximately for Road, Drain and Pond Works of Solar / Wind / Hybrid RE Park of 2375 MW capacity at Khavda, Great Rann of Kutch area, Gujarat.Letter of Intent has been issued to M/s. Bhimji Velji Sorathia Construction Pvt. Ltd. on 04th January, 2023.