Jungle Camps India Approves Mathura Hotel Expansion, Contractor Change

Board approved change of civil contractor to Moonwalk Infraprojects for Mathura hotel project due to Kesar Construction's performance failures.
Approved expansion of Mathura hotel project from 60 to 105 rooms with increased total cost of ₹49 crore from ₹32.5 crore.
Proposed reallocation of ₹7 crore IPO funds from stalled Parsili wildlife resort to Sheopur riverfront project with no wildlife clearance required.
Sought shareholder approval to increase borrowing limit to ₹70 crore under Section 180(1)(c) of Companies Act, 2013.