
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.
Price Impact
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