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News Details

Ajmera Realty & Infr - Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015

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08/10/2021 15:09
With reference to captioned subject ,we wish to inform you that Shree Yogi Realcon Private Limited (a 'subsidiary Company') of the Ajmera Realty & Infra India Limited (the holding Company) has executed Amendment to Agreement to Transfer between the Subsidiary Company and TATA Communications Limited (formerly known as Videsh Sanchar Nigam Limited), having its registered office at VSB, Mahatma Gandhi Road, Fort, Mumbai 400001 for acquisition of two buildings bearing numbers 230 and 231 along with Land, bearing Survey Number 229, City Survey Number 5684 (part) situated at Pant Nagar, Ghatkopar (East), Mumbai - 400075, admeasuring 1,720.69 square meterThe holding Company owns 80% stake in the Subsidiary Company. Such acquisition is aimed to exploit the growth potential of the project, to provide flexibility and attract fresh set of investors / strategic partners to participate in the projectThe Subsidiary Company has remitted total Rs.5.25 Crores as Earnest money towards consideration.