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Peninsula Land is an integrated real estate company. It is a part of the Ashok Piramal Group. The co is engaged in developing retail ventures, commercial projects and residential complexes.
Peninsula Land has announced its 154th Annual General Meeting. The meeting will be held virtually, allowing members to transact business and vote electronically. Annual Reports will be provided digitally for access.
Peninsula Land's Board approved a significant related party deal for a new residential project development with entities of Mr. Jaydev Mukund Mody. The company will manage this project end-to-end, pending shareholder approval, potentially boosting its development pipeline.
Peninsula Land's subsidiary invested ₹29,420 for a 29.42% stake in Zenithvista Real Estate LLP, a new joint venture with Alpha AIF and Delta. This partnership targets a residential redevelopment project in Mumbai, expanding the company's real estate presence.
Peninsula Land will hold its 153rd Annual General Meeting on September 05, 2025, via video conferencing. The Annual Report for FY 2024-25 is now accessible on the company's website, with direct links being dispatched to shareholders whose email addresses are not registered. The company also reminded investors to update their...
Peninsula Land's Joint Venture, Hem Infrastructure, faces insolvency proceedings initiated by NCLT concerning a Rs 266 Cr loan guarantee. While the primary borrower's property is already attached, Peninsula Land notes its investment in the JV is already impaired in its financial statements. The company is evaluating the potential financial impact...