Parties Involved: Lease executed with Vahana Asset Management Services Private Limited (Lessor), with Vatika Limited as the Confirming Party & Developer
Property Location: Entire 4th Floor, Block C, First India Place, Mehrauli-Gurgaon Road, Sector-28, Gurugram, Haryana
Purpose: Expansion of the Company's managed office and co-working operations
Effective Date: Lease Deed executed on July 16, 2026, to become effective from the Lease Commencement Date as specified in the deed
Financial and Ownership Considerations
Consideration: Payment of security deposit, maintenance charges and other applicable charges as per the Lease Deed
Shareholding: No shareholding in the entity with whom the agreement is executed
Related Party Status: No related party transactions - promoter/promoter group/group companies have no interest in the entity
Regulatory and Operational Context
Industry Classification: Real Estate – Leasing of Commercial Office Space
Government Approvals: Not applicable for this transaction
Strategic Rationale: The lease aligns with the Company's expansion strategy to strengthen its presence in key commercial markets and enhance its managed workspace portfolio
