Announced Fri, 27 Mar · 12:00 IST

As per file attached

Business Updates View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-16.9%1-day move
₹29.50
prior close
₹26.95
base price
In-mkt
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+0.0+0.0+0.0+0.0-16.9+29.8+3.1-5.1
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AI summary

Davin Sons Retail Limited has signed an MOU with Jalandhar Leather (India) Limited to take a retail shop on rent at Shop No. 194 L, Model Town, Jalandhar – 144003. The company is the tenant and the landlord is Jalandhar Leather (India) Limited. The MOU covers only broad terms and is subject to a detailed definitive agreement being signed later. The company has stated this is part of its ordinary course of business to support operational needs. No financial details, rental value, lease duration, or revenue impact have been disclosed in the filing.

Likely market impact

This is a routine store lease disclosure with no material financial impact disclosed. Shareholders should view this as a normal operational expansion activity rather than a significant event, pending details of the final lease agreement.