Chavda Infra proposes bonus shares and dividend, wins Rs 89.45 crore Adani Shantigram residential order

Chavda Infra Ltd said it has proposed a bonus share issue and a dividend for shareholders, subject to statutory, regulatory and shareholder approvals. Separately, the company received a Rs 89.45 crore Letter of Acceptance from ADI Shantigram Abode LLP to build the core and shell of a high-rise residential tower at Adani Shantigram Township in Ahmedabad. The project is scheduled to be completed over the next 24 months.

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