Praveg Adalaj Theme Park & Heritage Stepwell Museum inaugurated by Hon'ble Chief Minister of Gujarat

Praveg Limited (BSE: 531637) is pleased to announced that the grand inauguration of the Praveg Adalaj Theme-Based Destination Park & Heritage Stepwell Museum, a first-of-its-kind cultural and experiential venue inspired by Gujarat's iconic stepwell architecture. The landmark destination was formally inaugurated by Shri Bhupendrabhai Patel, Hon'ble Chief Minister of Gujarat, marking a significant milestone in Gujarat's tourism and cultural infrastructure development.

The inauguration ceremony was graced by Shri Gajendra Singh Shekhawat, Hon'ble Union Minister, Ministry of Tourism, Government of India, as the Chief Guest, and Shri Harsh Sanghavi, Hon'ble Deputy Chief Minister of Gujarat, as the Guest of Honour, underscoring the project's national and state-level importance.

Developed and operated by Praveg Adalaj Tourism Infrastructure Private Limited, a wholly owned subsidiary of Praveg Limited, the project has been executed under a Public-Private Partnership (PPP) model with TCGL on a 30-year lease, reinforcing Praveg's long-term commitment to creating sustainable, world-class tourism and event destinations.

Strategically located on the Ahmedabad - Gandhinagar Highway, the Theme-Based Destination Park and Heritage Stepwell Museum has been envisioned as a multi-dimensional cultural landmark - serving as a venue for heritage led tourism, cultural performances, social celebrations, corporate events, and curated experiential programs, while celebrating Gujarat's rich architectural and artistic legacy.

Speaking on the occasion, Dr. Vishnukumar Patel, Chairman of Praveg Limited, said, "The inauguration of Praveg Adalaj Theme Park and Heritage Stepwell Museum represents our vision of integrating Gujarat's timeless heritage with contemporary infrastructure. It is not merely an event venue, but a cultural destination that narrates history, promotes tourism, and creates immersive experiences. We are deeply honoured by the presence and support of the Hon'ble Chief Minister, Hon'ble Union Minister of Tourism, and Hon'ble Deputy Chief Minister on this momentous occasion."

The Heritage Stepwell Museum is a key highlight of the destination, offering visitors an immersive journey through Gujarat's architectural brilliance, folk traditions, craftsmanship, and cultural evolution. Drawing inspiration from the world-renowned Adalaj Stepwell, the museum blends storytelling, spatial design, and curated exhibits to create a living heritage experience.

Shares of Praveg Ltd was last trading in BSE at Rs. 309.90 as compared to the previous close of Rs. 310.25. The total number of shares traded during the day was 120164 in over 1967 trades.

The stock hit an intraday high of Rs. 328.75 and intraday low of 304.00. The net turnover during the day was Rs. 37934085.00.

Source : Equity Bulls

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