Landmark Property Development Company Limited has informed the Exchange about Agreements

Deal CancelledStrategic Transactions View source PDF

LPDC · price

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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

+2.3%1-day move

₹5.65

prior close

₹5.80

base price

After-mkt

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5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.0-5.2-1.9-1.9+2.3+2.7+2.7+23.4+41.6+40.5+32.6+33.5+23.0+13.3

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AI summary

Landmark Property Development Company has signed a Refund and Settlement Agreement with Eterna Living Private Limited, a related party, to cancel a balance space booking arrangement. Eterna Living will refund the outstanding advance of ₹35.26 crore to the company within 6 months. As part payment, ₹15 lakh has already been received on the day of signing. The transaction was approved by the Audit Committee, Board, and shareholders, with shareholder approval obtained at an EGM held on March 12, 2026.

Likely market impact

The company is recovering a sizeable ₹35.26 crore advance from a related party, which is a positive for cash flow, though the refund is staggered over up to 6 months. Shareholders should note the related-party nature of the deal, though it has received all required approvals.