Future Market Networks Limited has executed a deed of surrender for its leasehold rights pertaining to the Diamond Plaza Mall. This action represents a continuation of disclosures previously made on October 15, 2025, regarding the surrender of this lease.
The surrendered property is the shopping mall known as "Diamond Plaza Mall," located at premises no. 1 Calcutta Jessore Road, Kolkata – 700 055.
The surrender was executed on August 25, 2026, and was undertaken in compliance with a special resolution passed by shareholders via postal ballot on November 17, 2025.
The leasehold rights were surrendered to the lessors, Diamond Plaza Mall Private Limited. This entity was formerly known as Super Diamond Enterprises, which was initially an erstwhile partnership firm that was later converted into a private limited company.
The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial impact not quantified in the disclosure.