Joint Venture30 Jul 2025, 04:32 pm
India Steel Works Ltd Signs Development Agreement with LLOYDS IHL LLP for Land Monetisation
AI Summary
India Steel Works Ltd (ISWL) has entered into a Development Agreement with LLOYDS IHL LLP for the development and monetisation of the company's land located at Khopoli. The agreement was signed on 30th July 2025. ISWL is a partner in the LLOYDS IHL LLP, a joint venture between the company, Lloyds Realty Developers Limited, and Smartquip Properties Pvt Limited. The development agreement outlines the terms and understanding for the redevelopment and monetisation of the land situated at Village Vihari, Taluka Khalapur, District Raigad.
Key Highlights
- India Steel Works Ltd (ISWL) has signed a Development Agreement with LLOYDS IHL LLP
- The agreement is for the development and monetisation of ISWL's land located at Khopoli
- ISWL is a partner in the LLOYDS IHL LLP, a joint venture with Lloyds Realty Developers Limited and Smartquip Properties Pvt Limited
- The Development Agreement outlines the terms and understanding for the redevelopment and monetisation of the land