Joint Venture3 Dec 2025, 03:22 pm
Cinevista Ltd Announces Carpet Area Sanction in Joint Development with K. Raheja Corp. Real Estate Pvt. Ltd
AI Summary
Cinevista Ltd has disclosed further developments under Regulation 30 of SEBI (LODR) Regulation, 2015 regarding the Carpet Area sanction as assigned, approved & sanctioned in the Joint Development Agreement with K. Raheja Corp. Real Estate Pvt. Ltd. The details of the Carpet Area approved, as per the email received from KRCREPL on 3/12/25, are provided. The area represents the area receivable by M/s Cinevista Limited under their 24.5% shareholding as assigned, agreed upon & received in the Joint Development Agreement dated 29/05/2023.
Key Highlights
- Cinevista Ltd discloses further developments under Regulation 30 of SEBI (LODR) Regulation, 2015
- Details of Carpet Area sanction approved as per the email received from KRCREPL on 3/12/25
- Carpet Area represents the area receivable by M/s Cinevista Limited under their 24.5% shareholding
- Joint Development Agreement with K. Raheja Corp. Real Estate Pvt. Ltd
- Disclosure in compliance with Regulation 30 of SEBI (LODR), 2015 and Intimation published under Regulation 30 of the SEBI (LODR), 2015 dated 30™ May, 2023