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Expansion22 Jul 2026, 03:13 pm

Talbros Engineering Leases 6500 Sq Ft Industrial Premises in Faridabad

AI Summary

Talbros Engineering Limited has entered into a formal lease agreement for an industrial premises measuring 6500 sq. feet located in Faridabad, Haryana. The lease is for a term of five years, from May 10, 2026, to May 9, 2031. The premises will be used for business operations and expansions. The monthly rent for the property is ₹1,10,000. The lessors, Sh. Satish Kumar Rawal and Sh. Vineet Kumar Rawal, are not related to the company's promoter group or group companies, and the transaction is not considered a related party transaction. Further updates on commercial production commencement will be communicated separately.

Key Highlights

  • Secured 6500 sq ft industrial premises in Faridabad.
  • Lease agreement for five years, commencing May 10, 2026.
  • Monthly rent set at ₹1,10,000.
  • Premises to support business operations and expansion.
  • Transaction is not with a related party.