Please find the attached intimation under Regulation 30 of SEBI (LODR) Regulations, 2015- MOU for development of Land.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ATV Projects India has entered into a Memorandum of Understanding (MoU) along with a term sheet with Shri Vrinda Infracon Private Limited to develop unutilised land situated at ATV Nagar, Mathura. This follows a special resolution passed at the Annual General Meeting held on 16 August 2025. The company clarified it holds no shareholding in the counterparty and there are no related party concerns or special rights involved. The MoU is a precursor to a formal Development Agreement, which the company will inform BSE about once executed.
This could help monetise idle land assets and add a future revenue stream, but since only an MoU has been signed so far, shareholders should treat this as early-stage news with execution risk pending the final Development Agreement.