DHARAN INFRA-EPC LIMITED has informed the Exchange regarding 'Intimation regarding handing over the possession of 22 units from company's various projects'.
DHARAN · price
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Dharan Infra-EPC Limited has informed the stock exchanges that it has handed over possession of 22 units from its various projects. This suggests that construction/development work on these 22 housing units has been completed and the units are now being transferred to buyers or end-users. The announcement is being made in compliance with listing obligations to keep investors informed about project milestones.
Handing over possession indicates project completion and likely revenue recognition from these 22 units. This is a routine operational update and is generally a positive sign of project execution, though without details on unit value or total project size, the financial impact on the stock is likely limited.