
Expansion6 Aug 2026, 02:51 pm
Yaashvi Jewellers Leases Jaipur Showroom for 9 Years
AI Summary
Yaashvi Jewellers Ltd has executed a Lease Deed for a commercial property in Chaksu, Jaipur, Rajasthan. The premises, measuring approximately 1,894 sq. ft., will be used to set up and operate a retail jewellery showroom. The lease agreement is for a tenure of 9 years, ending June 30, 2035, with a monthly rent of ₹1,80,000, subject to a 5% escalation annually. A security deposit of ₹5,40,000 has been paid. The company confirmed that the lessor is not a related party and the transaction will not have a material adverse effect on its operations.
Key Highlights
- Lease agreement executed for a new jewellery showroom in Jaipur.
- 9-year lease term with monthly rent of ₹1,80,000.
- Expansion aims to establish retail presence in Chaksu, Rajasthan.
- No material adverse effect on company operations expected.
Price Impact
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