Hemisphere Properties India Limited
The company was formed as part of the disinvestment exercise carried out by the Government of India in respect of its holdings in the erstwhile VSNL (currently known as Tata Communications Limited).
What Hemisphere files
- Others47
- Board Meeting12
- Updates9
- Important5
- Results1
Hemisphere Properties successfully concluded the e-auction for its Bopkhel, Pune land. Bids are under evaluation. Expect an announcement on the successful bidder and bid value soon, a key step with future financial impact.
Hemisphere Properties has initiated an e-auction for the sale of a land parcel in Bopkhel, Pune. This move aims to unlock asset value.
Hemisphere Properties announced a significant legal win as its appeal was allowed by the High Court, stopping further proceedings in a prior dismissed suit. Another litigation concerning land compensation by DMRC was also disposed of, reducing legal uncertainty for the company.
HEMIPROP's ongoing litigation related to land in Greater Kailash, Delhi, has been resolved. The Delhi High Court has delivered a final judgment in the writ petitions concerning the land, concluding this business development.
Hemisphere Properties addresses recent stock activity, stating there's no undisclosed material news or events from the company driving the surge. Management confirms market movements are purely sentiment-driven.