Acquisitions12 Sept 2025, 05:21 pm
TCM Ltd Enters into 11-Month Lease Agreement with Better Feeds Pvt Ltd for Poultry Feed Production
AI Summary
TCM Ltd has entered into a lease agreement with Better Feeds Pvt Ltd for taking on lease of a commercial factory and office space in Palakkad, Kerala for the production of poultry feeds. The lease agreement is for a period of 11 months starting from 12th September 2025. The company will pay a refundable security deposit of INR 2,90,00,000 and a lease rental of INR 2,50,000 per month. This lease agreement is not a related party transaction and the parties are unrelated to the TCM group or group companies.
Key Highlights
- TCM Ltd enters into an 11-month lease agreement with Better Feeds Pvt Ltd
- The lease is for a commercial factory and office space in Palakkad, Kerala
- The purpose of the lease is for the production of poultry feeds
- TCM Ltd will pay a refundable security deposit of INR 2,90,00,000 and a lease rental of INR 2,50,000 per month
- The lease agreement is not a related party transaction