Investment3 Sept 2026, 08:34 am
Innova Captab Approves Land Acquisition for ₹50 Cr Investment
AI Summary
Innova Captab Limited's Board of Directors has granted in-principle approval for the acquisition of land, with an estimated investment of approximately ₹50 crore. The company will provide further updates upon the execution of the final purchase/sale agreement. This decision was made during a board meeting held on September 3rd, 2026, which commenced at 8:01 AM IST and concluded at 8:19 AM IST. The company will intimate the stock exchange as per applicable laws and guidelines once the event occurs.
Key Highlights
- Board approves land acquisition with estimated investment of ₹50 crore.
- In-principle approval granted by the Board of Directors.
- Further updates will be provided upon final agreement execution.
- Board meeting held on September 3rd, 2026.
- Company to follow SEBI regulations for disclosure.
Price Impact
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