Property25 Aug 2026, 10:10 pm
Future Market Networks Surrenders Lease for Diamond Plaza Mall
AI Summary
Future Market Networks Ltd has officially surrendered its leasehold rights for the Diamond Plaza Mall located at 1 Calcutta Jessore Road, Kolkata. This action follows a special resolution passed by shareholders on November 17, 2025. The deed of surrender was executed on August 25, 2026, transferring the rights back to the lessors, Diamond Plaza Mall Private Limited. This move is a continuation of earlier disclosures regarding the lease surrender.
Key Highlights
- Leasehold rights for Diamond Plaza Mall surrendered.
- Shareholder approval obtained via special resolution.
- Deed of surrender executed on August 25, 2026.
- Rights transferred back to the lessor, Diamond Plaza Mall Pvt Ltd.
Price Impact
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