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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 ratified and approved an MOU and Term Sheet with Shri Vrinda Infracon Private Limited to jointly develop 3.29 acres of unutilized surplus land at ATV Nagar, Mathura. The total land consideration is Rs. 47.75 crore, with profits to be shared on a 50:50 basis between the two parties after recovering the land cost. The MOU was originally executed on August 28, 2025, and this filing formally ratifies it following a board meeting on November 13, 2025. The counterparty is not related to the promoter group, and the formal development agreement is yet to be executed.
This is a positive asset monetization move — ATV Projects is unlocking value from idle land without spending development capital, which could boost future revenue and earnings. However, the actual impact depends on execution and the final development agreement terms.