Retaggio Industries Limited has filed a disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has entered into a Property Agreement with M/s. M S Mody Builders and Developers for the purchase of an immovable commercial property.
The total consideration for the acquisition is ₹10,00,00,000 (Indian Rupees Ten Crores), exclusive of applicable stamp duty, registration fees, and other related expenses which will be paid in actuals. The property has a carpet area of approximately 3,261.65 square feet.
This acquisition is part of the company's business expansion plans and long-term strategic growth objectives. The transaction was approved by the Board of Directors at its meeting held on 26th August, 2026.
The company specifically confirms that:
- The transaction does not constitute a related party transaction
- The seller (M/s. M S Mody Builders and Developers) is not related to the Promoter, Promoter Group, or any Key Managerial Personnel of the company
- The company holds no shareholding in M/s. M S Mody Builders and Developers
The disclosure references SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. The document was signed by Savinay Lodha, Managing Director (DIN: 02634124), from Mumbai on 16th October, 2026.