Announcement under Regulation 30
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On 15 January 2026, the Board of Tahmar Enterprises Ltd approved the development and monetization of its idle land parcel at Shendri, Gadhinglaj (Kolhapur district, Maharashtra). The land is geographically separate from the company's existing manufacturing and operational facilities and has remained unused and non-revenue generating for a prolonged period. The decision is based on a feasibility report prepared by external consultants Planmax, which assessed residential, hospitality, and industrial development options for the site. The Board has authorized the Managing Director to explore various monetization routes including outright development, redevelopment, leasing, joint development, or collaboration models. The feasibility study highlights strong locational advantages such as proximity to the upcoming Shaktipeeth Expressway, Gadhinglaj MIDC industrial area, Kolhapur Airport expansion, and the Mahalaxmi Temple pilgrimage zone.
This is a positive value-unlocking move for shareholders as it converts a dormant, non-performing asset into a potential revenue source without disturbing existing operations. The stock could see short-term speculative interest, but actual financial impact will depend on the monetization structure eventually chosen (sale, JV, lease, etc.) and regulatory approvals.