StockWatch
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Hotels & Resorts
Property5 Nov 2026, 07:51 pm

Jungle Camps India Leases Resort Property in Madhya Pradesh

AI Summary

Jungle Camps India Ltd has executed a lease agreement for a resort property located in Sheopur, Madhya Pradesh. The property, known as 'Kuno Palpur Jungle Camp', features 12 Premium Rooms and 2 Executive Rooms and will be operated by the company for accommodation, food and beverage, safaris, and events. The lease term is for 4 years and 11 months, with an option for renewal. A security deposit of ₹8,00,000 has been paid, with ₹5,00,000 already adjusted as an advance. The company confirms this is not a related party transaction and has no impact on its management or control.

Key Highlights

  • Leased resort property in Sheopur, Madhya Pradesh.
  • Lease term is 4 years and 11 months, with renewal option.
  • Security deposit of ₹8,00,000 paid.
  • Transaction is not a related party deal.
  • No impact on company management or control.