Sumit Woods Limited has informed the Exchange about Intimation under Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations )
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Sumit Woods Limited has informed the stock exchange that it has been selected as the developer to redevelop the 'Station Plaza Premises' located in Kanjur Village, Bhandup West, Mumbai. The project is described as a top-tier commercial redevelopment on a prime location with quick access to Bhandup West Railway Station (2 minutes) and LBS Road (5 minutes). The total construction area is approximately 6,50,000 sq. ft., with a potential revenue of around Rs. 700 crores. The site falls under CTS numbers 641A, 641/1A, 641/2, and 641/3. The intimation was made under Regulation 30 of the SEBI Listing Regulations.
This is a sizeable new project win that strengthens Sumit Woods' commercial redevelopment pipeline and could support future revenue growth. Investors should watch for execution timelines, agreement finalisation, and how this 700 crore opportunity translates into the company's order book and earnings over the coming quarters.