Property3 Nov 2026, 11:17 am
Gujarat Inject Leases Two Premises in Ahmedabad
AI Summary
Gujarat Inject Kerala Ltd has executed two separate Lease Agreements for premises located at Metro Industrial Park, Village Moraiya, Taluka Sanand, District Ahmedabad, Gujarat. These leases are for a tenure of 5 years with an annual escalation of 5%. A security deposit of ₹1,55,000 per agreement is required, which is interest-free and refundable. The premises will be used for factory/business operations, including R&D in thermal and renewable energy. Both agreements have identical terms, with a lock-in period of 2 years for the Lessee.
Key Highlights
- Company leased two premises for business operations.
- Lease tenure is 5 years with 5% annual escalation.
- Security deposit is ₹1,55,000 per agreement.
- Lock-in period of 2 years for the Lessee.
- Purpose includes R&D in energy sectors.
Price Impact
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