Transaction Details
Date of Execution: 19th August, 2026
Counterparty: Mr. Gnana Prakash Gattu
Type of Agreement: Lease Deed
Location: Survey No. 917/6A, Markook Village, Near Gajwel, Siddipet District, Telangana
Lease Area: 37 Guntas (Approximately 0.925 Acres)
Lease Term: 5 years effective from 19th August, 2026
Financial Terms
Monthly Rent: ₹5,000 plus taxes
Escalation Clause: Rent will increase by 5% every three years
Purpose and Business Scope
The lease is for establishing and developing facilities for Micro Algae Cultivation and installation of Glass Reactor Systems.
Related Party Disclosure
Mr. Gnana Prakash Gattu, the lessor, is a non-executive director of the Company and belongs to the Promoter Group. The transaction has been conducted at "arm's length" basis.