New Launch24 Jun 2025, 04:24 pm
Artificial Electronics Leases 67,005 SFT for Factory Setup in Tamil Nadu
AI Summary
Artificial Electronics Intelligent Material Limited (AEIM) has signed a Term Sheet for leasing 67,005 square feet with Volumnus Developers Private Limited. The leased space is located at Building No. GB-200B, Green Base Industrial & logistics park, Thriveni Nagar, Vadakapattu Village, Oragadam, Chengalpattu District, Tamil Nadu - 603 204. A formal lease agreement will be entered between the parties and registered in the presence of the Sub-Registrar. The company has already paid the security deposit(s) to the landlord and will inform the stock exchanges when the Lease Deed is registered.
Key Highlights
- AEIM signs Term Sheet for leasing 67,005 SFT in Tamil Nadu
- Leased space located at Green Base Industrial & logistics park
- Formal lease agreement to be entered and registered
- Security deposit paid to the landlord
- AEIM to inform stock exchanges when Lease Deed is registered