Hemisphere Properties India Ltd

The Board of Directors of Hemisphere Properties India Ltd approved the audited financial results for the quarter and year ended March 31, 2026. The board also approved HyperVault Al Data Center Limited as the highest bidder for the e-auction of land at Bopkhel, Pune, with a bid of ₹640.50 crore, subject to shareholder and regulatory approvals. The board meeting concluded at 4:00 PM on May 20, 2026.

Hemisphere Properties India Ltd. announced the successful conclusion of the e-auction process for land situated at Bopkhel, Pune, on May 12, 2026. This follows an earlier disclosure on February 18, 2026, regarding the Request for Proposal (RFP). The bids received are currently undergoing evaluation and scrutiny, including verification of documents and eligibility criteria of the participating bidders. The successful bidder and bid value will be declared upon completion of the evaluation process and subject to approval by the competent authority, after which a Letter of Award/Acceptance will be issued.

Hemisphere Properties India Ltd has scheduled a Board of Directors meeting on May 20, 2026, to consider and approve the audited financial results (standalone) for the quarter and year ended March 31, 2026. The trading window for dealing in the company's securities is closed from April 1, 2026, until 48 hours after the board meeting.

Hemisphere Properties India Ltd. announced that Shri Rajeev Kumar Das has ceased to be a Director, effective immediately, following an order from the Ministry of Housing and Urban Affairs (MoHUA) dated April 21, 2026. Shri Suchit Goyal, Under Secretary at MoHUA, has been appointed as a Director with effect from the same date. The company affirmed that the newly appointed director is not debarred from holding office by any SEBI order or other authority.

Hemisphere Properties India Ltd has announced the issuance of a Request for Proposal (RFP) for the sale of a land parcel through e-auction. The land parcel is situated at Bopkhel, Pune, Maharashtra. The RFP document is available on the company's website and on the e-auction portal. This disclosure is made in compliance with the SEBI regulations for information and dissemination.

The President of India, through the Ministry of Housing and Urban Affairs, has appointed Shri Pradeep Kumar Jha and Shri Shyam Lal Poonia as Directors on the Board of Hemisphere Properties India Limited. The appointments follow the resignation of Smt. Manasi Sahay Thakur and Smt. Tanvi Garg. The new directors are both Indian Administrative Service officers with extensive experience in key administrative roles at the district, state, and national levels.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Hemisphere Properties India Ltd. informs about the disposed case bearing LAC No. 04-2014 renumbered as LAC No. 19-2016 titled Union of India & Others vs. Tata Communications Ltd. The case pertains to compensation payable by Delhi Metro Rail Corporation Limited in respect of the land situated at Greater Kailash, New Delhi. Additionally, the company announces that the case bearing Second Appeal No. 935/2024 titled Hemisphere Properties India Limited vs. P. Venkata Rao has been allowed by the Hon’ble High Court of Madras vide order dated 29.01.2025. The detailed order is awaited.

The Board of Directors of Hemisphere Properties India Ltd approved the Unaudited Standalone Financial Results for the quarter ended December 31, 2025. The results were reviewed by Aggarwal & Rampal, Chartered Accountants, who issued an unmodified opinion. The company has not complied with certain provisions of the Companies Act and SEBI Listing Regulations, and has a remaining outstanding liability of Rs. 63,980.21 lacs as of December 31, 2025. The company has paid Rs. 1,099.78 lacs towards stamp duty and development fees/mutation charges. The company has not recognized/accounted for property tax/urban land tax liability in relation to the Chennai land parcel.

Hemisphere Properties India Ltd has announced that its Board of Directors will meet on January 28, 2026, to consider and approve the un-audited financial results (standalone) for the quarter ended December 31, 2025. In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the company will be closed from January 1, 2026, till 48 hours after the board meeting. The trading window will reopen after 48 hours of the declaration of the financial results.

Hemisphere Properties India Ltd has confirmed that there is no pending information or announcement that needs to be disclosed to the stock exchanges as per the Materiality Policy framed by the company under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also confirmed that there is no material information, event, or announcement that requires disclosure which has not already been made public. The movement in the price/volume of the company’s securities is purely market-driven and not attributable to any unpublished price sensitive information.