Modulex Construction Technologies Ltd announces First Revenue-Generating Contract

Modulex Construction Technologies Limited ("Modulex" or "the Company") wishes to inform that it has secured its first revenue-generating contract for delivery of a school project in Mumbai using Modern Methods of Construction (MMC) technology.

The project is scheduled to be completed by the end of May 2026, prior to commencement of the next academic year. The client has chosen Modulex for its speed of delivery and high-quality finishing.

The Company also informs that Phase I of its state-of-the-art factory has been completed, and manufacturing of various modular products will commence in the near future.

This development marks a significant milestone for Modulex as it enters its revenue phase, supporting the Company's objective of contributing to nation-building, particularly in the priority sector of schools and educational infrastructure.

Shares of Modulex Construction Technologies Ltd was last trading in BSE at Rs. 21.90 as compared to the previous close of Rs. 20.95. The total number of shares traded during the day was 102869 in over 105 trades.

The stock hit an intraday high of Rs. 21.99 and intraday low of 20.57. The net turnover during the day was Rs. 2224772.00.

Source : Equity Bulls

Keywords

ModulexConstructionTechnologies INE064R01012 FirstRevenueGeneratingContract