TeleCanor Global Ltd's Land Fair Market Value Assessed at Rs. 152.46 Crores: Board Meeting Update

In a recent board meeting, TeleCanor Global Ltd reviewed its business operations and expansion plans. An independent professional valuer assessed the fair market value of the company's land in Marripalem and Rajala Agraharam, Rambili Mandal, Anakapalli District, at approximately Rs. 152.46 Crores. This revaluation comes after the Andhra Pradesh government's announcement about the establishment of a Google AI Centre in the same location, which is expected to positively impact the property's value and development potential. The company plans to evaluate and take suitable steps for the development of the land bank in line with its strategic and commercial objectives.