Crest Ventures Subsidiary Enters Joint Development Agreement for Premium Mixed-Use Project in Chembur

Crest Urban Living Private Limited, a wholly owned subsidiary of Crest Ventures Limited, has entered into a Joint Development Agreement with Vensco Projects LLP for the development of a premium mixed-use project in Chembur. The project, spread across approximately 11,000 sq. m., is one of the largest single-parcel development projects in the rapidly developing neighbourhood of Chembur, Mumbai. The agreement is in the ordinary course of business and therefore, the disclosure requirements prescribed under Annexure 18 of the SEBI Master Circular SEBI/ HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are not applicable.