Please find enclosed press release under Regulation 30 (LODR).
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Meghna Infracon Infrastructure Limited announced expansion of its premium redevelopment portfolio across Mumbai with five new projects in Goregaon West, Bandra West, Khar West, Juhu-Vile Parle, and Wagle Estate, Thane. The new projects carry an estimated GDV of approximately 600 crore. The company's total construction pipeline now exceeds 10 lakh sq. ft., with cumulative estimated GDV of over 1,000 crore. Key projects include Bharti CHS in Bandra West (largest luxury sea-facing residential development with ~240 crore revenue potential, timeline to 2029) and an iconic commercial building in Wagle Estate, Thane (~300 crore development potential). All projects are being developed under the redevelopment model offering premium residences, retail outlets, and offices.
The announcement signals strong growth momentum for the Mumbai-based real estate developer with a significantly expanded project pipeline. The cumulative GDV exceeding 1,000 crore and entry into Thane's commercial segment could be positive for investor sentiment, though the company remains small-cap with limited trading volume.