Disclosure under Regulation 30 of SEBI (LODR), Regulations 2015 _Commencement of Commercial operation of "PEEPAL Restaurant" at Gandhi Vatika , Central Park, Jaipur and acquisition of Land ....
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Jungle Camps India has started commercial operations of a new restaurant called 'PEEPAL Restaurant' at Gandhi Vatika, Central Park in Jaipur. The restaurant is run through its wholly owned subsidiary Divine Enterprises Private Limited and is located on a property leased from Rajasthan Tourism Development Corporation (RTDC). Separately, the company has acquired land near Panna Tiger Reserve to build a new wildlife resort, adding to its existing properties in Kanha, Pench, Tadoba and Rukhad. This marks the company's first expansion into a non-wildlife hospitality vertical (F&B) in a city location and extends its wildlife resort footprint in Central India.
Positive for shareholders — opens a new revenue stream through F&B, diversifies away from pure wildlife hospitality, and signals continued expansion in Central India's tourism market. Short-term impact on stock may be modest since the restaurant is on lease and no financial details of the land deal were disclosed.