Control Print Limited has informed the Exchange about Lease Agreement(s)
CONTROLPR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Control Print Limited has entered into a 60-year lease agreement (renewable for another 30 years) with Assam Industrial Development Corporation Limited (AIDC), a Govt. of Assam undertaking, effective April 04, 2026. The company has taken possession of land measuring 46,823 sqm in Assam for a total consideration of ₹861.18 lakhs. The land will be used to set up new manufacturing facilities for extrusion, coding and marking products, and a food co-packaging unit under the UNNATI (Uttar Poorva Transformative Industrialization Scheme) 2024. This aligns with the company's goal to create high-standard industrial infrastructure in Assam.
This lease represents a strategic expansion into Assam with a long-term land commitment. The ₹861.18 lakh investment signals the company's intent to grow its manufacturing capacity and diversify into food co-packaging, which could support future revenue growth over the long term.