Announced Sat, 7 Feb · 18:30 IST

The company has opened a new corporate office which would be a deemed service centre of the company

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AI summary

LGT Business Connextions Limited has opened a new office in West Mambalam, Chennai, with a built-up area of approximately 4,175 square feet, effective 6th February 2026. The new premises will function as a deemed Customer Service Centre to support the company's operational, customer servicing, and business development activities. The company is in the travel and hospitality space, offering global accommodations and international holidays. This is a routine disclosure under SEBI's Listing Obligations, with no financial impact or order details mentioned.

Likely market impact

This is a routine operational expansion and is unlikely to have a material impact on stock price or shareholder value in the short term. It reflects incremental investment in infrastructure to support business growth, but no revenue or margin guidance has been provided.