MKVentures Capital Subsidiary Material Subsidiary Reclassification

MKVentures Capital's subsidiary Destination Properties entered supplementary agreement with Anant Raj Limited for Gurugram housing project.
Subsidiary entitled to 17.69% revenue share from 5.0875-acre residential project development with Anant Raj.
Revised commercial terms will likely qualify subsidiary as Material Subsidiary under SEBI LODR Regulation 16(1)(c).
Agreement includes TDR cost reimbursement to Anant Raj and revenue sharing through RERA-compliant mechanism.