Modis Navnirman Ltd

Aegis Investment Fund PCC has submitted a revised disclosure regarding its shareholding in Modis Navnirman Ltd, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The fund's stake has increased from 6.09% to 8.42% through open market purchases, with an acquisition of 457,142 shares on June 3, 2026. This revised filing updates the market on the fund's evolving position in the company.

Aegis Investment Fund PCC has acquired an additional 2.33% stake in Modis Navnirman Ltd through open market transactions on June 3, 2026. This acquisition increases their total shareholding in the company to 8.42%. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Modis Navnirman Limited has been appointed as the developer for the redevelopment of Neel Kiran Co-operative Housing Society Ltd. in Khar West, Mumbai. This project is expected to add approximately ₹250 crore to the company's Gross Development Value (GDV) pipeline. The appointment signifies an expansion into a premium residential market for Modis Navnirman, reinforcing its focus on urban renewal and creating value through redevelopment projects. The project is subject to definitive documentation and regulatory approvals.

Modis Navnirman Ltd reported record FY26 performance with highest-ever annual revenue, profitability, and project pipeline. Revenue from operations increased by 84% YoY to ₹189.31 crore. Profit after tax (PAT) rose by 26% YoY to ₹29.14 crore. Area sold grew by 23% YoY to 53,000 sq. ft. The company successfully handed over two projects and completed the merger of Shree Modis Navnirman Pvt. Ltd.

Modis Navnirman Ltd's Board of Directors approved the audited standalone and consolidated financial results for the year and quarter ended March 31, 2026, following a board meeting held on May 15, 2026. The decision was made based on the recommendation of the Audit Committee. The trading window will remain closed until 48 hours after the declaration of the financial results, i.e., May 17, 2026.

Modis Navnirman Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, as recommended by the Audit Committee. The decision was made during the board meeting held on May 15, 2026. The meeting commenced at 12:00 P.M. and concluded at 1:30 P.M. The trading window will remain closed until May 17, 2026.

Modis Navnirman Ltd has scheduled a Board of Directors meeting on May 15, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window remains closed until May 17, 2026.

Modis Navnirman Ltd, a company with the corporate address at Shop No. 01, Roshmi Heights, MG. Rood, K(:1ndivoli (W), Mumbai - 400 067, has cancelled their scheduled Investor/Analyst Meet that was set to take place on 30th March 2026 at 11:00 A.M. The meeting was cancelled due to unavoidable circumstances.

Modis Navnirman Limited, one of Mumbai’s rapidly growing real estate developers, marked a key milestone with the successful Bhoomi Poojan ceremony of its upcoming residential and commercial project, Rashmi Avenue. The project is located at CTS No. 829, Village Eksar, Kandarpada, Dahisar (West), Mumbai, and is envisioned as a modern, community-centric development. It will feature 225 residential apartments, 18 commercial shops, and 1 commercial office, designed to cater to the evolving lifestyle and business needs of the neighbourhood. The redevelopment will replace the existing structure comprising 119 residential flats and 17 commercial shops. Strategically located in Dahisar (West), Rashmi Avenue offers excellent connectivity to key parts of Mumbai, along with access to essential social infrastructure. The development aims to blend contemporary design with functional living, offering residents a comfortable and convenient urban lifestyle.

Modis Navnirman Limited, a rapidly growing redevelopment focused real estate developer in Mumbai, has received the Occupation Certificate (OC) for its premium mixed use development ‘Rashmi Celestia’ in Borivali West. This marks the successful completion of the project, enabling residents and occupants to begin possession. Spread across approximately 1,30,000 square feet, the project features a modern tower with ground level commercial spaces, semi commercial floors, and residential apartments from the upper levels, along with lifestyle amenities and contemporary architectural design. The development has been carefully planned to cater to evolving urban lifestyles with efficient layouts, modern infrastructure, and integrated amenities. With the completion of Rashmi Celestia, the company continues to expand its footprint across Mumbai’s western suburbs.