Communication from the lessor, extending the effective date of termination of the manufacturing facility from 31.03.2026 to 30.04.2026
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Vasundhara Rasayans Ltd has received a one-month extension from its lessor, Keva Fragrances Private Limited, on the termination of the Leave and License Agreement for its manufacturing facility at C-104, MIDC Mahad, Maharashtra. The original termination date of March 31, 2026 has now been pushed to April 30, 2026. The company will continue operations at this facility until the new deadline. Management stated it is actively looking for alternate premises to ensure uninterrupted business operations after the extended date.
The extension provides a short-term reprieve for operations at the Mahad facility, but uncertainty remains beyond April 30, 2026 since the lease is still set to end. Shareholders should watch for updates on the alternate arrangement, as failure to secure a new facility on time could disrupt production and revenues.