Laxmi Goldorna House Limited (LGHL) has successfully completed a significant related party transaction, acquiring 5099 Sq.

Meters of land in Ahmedabad.

The company purchased the land from its Managing Director, Mr. Jayeshkumar Chinulal Shah, for ₹11 crore.

An additional ₹0.96 crore was reimbursed for expenses paid by the MD.

This strategic land acquisition, previously approved by shareholders up to ₹15.99 crore, boosts the company's asset base and positions it for future potential development.

This move highlights ongoing business developments for LGHL.