Announced Wed, 28 Oct, 2026 · 17:25 IST
Board approves related-party property project worth around Rs 100 crore
SUPREME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
The board approved a joint development agreement with Mrs. Nitta Vinod Jatiya for a 2,008 sq m plot in Koproli, Maharashtra, pending shareholder approval by postal ballot. The residential and retail project is expected to have about 1 lakh sq ft of saleable area and an estimated total value of around Rs 100 crore.
Likely market impact
The project could create future sales and revenue, but shareholder approval, construction, sales and property market risks remain, making the near-term stock impact uncertain.