Joint Venture5 Mar 2025, 09:12 pm
INDIA STEEL WORKS LTD. Signs Terms Sheets for Joint Development of Lands in Mumbai
AI Summary
INDIA STEEL WORKS LTD. has signed Terms Sheets for joint development of lands situated at Chembur and Wadala, Mumbai. The projects are expected to construct approximately 10.20 Lakh Sq. ft. The definitive agreements will be considered and finalized in the forthcoming Board/Committee meetings, subject to compliance with applicable Laws / Rules / Regulations and due diligence. The developments will be communicated to the Stock Exchange within the stipulated time period.
Key Highlights
- INDIA STEEL WORKS LTD. signs Terms Sheets for joint development of lands in Mumbai
- Projects envisage construction of approximately 10.20 Lakh Sq. ft
- Definitive agreements to be considered in forthcoming Board/Committee meetings
- Subject to compliance with applicable Laws / Rules / Regulations and due diligence
- Developments to be communicated to the Stock Exchange within the stipulated time period