TARC Limited has informed the Exchange regarding a press release dated December 02, 2025, titled "TARC Limited secures Occupancy Certificate for TARC Tripundra".
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Awaiting price reaction for this filing.
TARC Limited has announced that it has received the Occupancy Certificate for its project 'TARC Tripundra,' as per a press release dated December 02, 2025. An Occupancy Certificate is an official approval from local authorities confirming that the building is fit for use and meets all safety and construction norms. This milestone allows the company to legally hand over possession of units to buyers. No specific financial numbers or timelines for handover were disclosed in this filing. The announcement signals progress in project completion and regulatory compliance.
Positive for shareholders as the Occupancy Certificate removes a key execution hurdle and enables the company to deliver units and book revenue from this project. This could support near-term cash flows and boost investor confidence in TARC's delivery capability.