Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Company is undertaking a real ....
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Yash Innoventures is developing a real estate project with an estimated size of approximately ₹120 Crores. As part of land aggregation for the project, the company has completed the acquisition of 24 residential flats through duly executed and registered sale deeds. The company has also received Non-Agricultural (NA) permission from the competent authority on 21 February 2026 for the said land. The disclosure is being made under Regulation 30 of SEBI LODR, indicating the project is considered material. Management describes this as an important milestone in the company's expansion into real estate development.
This represents a large capital commitment of around ₹120 Crores into real estate development, which could significantly impact the company's financial position and growth trajectory. Shareholders should watch for further updates on project execution, funding arrangements, and timelines, as delays or cost overruns could weigh on the stock.