Core Announcement – Order Details
Awarding Entity: Delhi Metro Rail Corporation Limited (DMRC)
Domestic/International Order: Domestic
Nature of Order/Contract:
Property development on 8,903.77 square meter land plot at Mohan Estate Metro Station of Line-6 of Delhi Metro Network. The project involves development rights awarded to a consortium comprising Touchwood Entertainment Limited (70% lead member) and Hometown Properties Private Limited (30% consortium partner).
Order Value:
Not Specified. The financial consideration is based on the bid submitted by the Consortium and shall be governed by the terms of the LOA and definitive agreements.
Materiality Context:
Disclosed as being in the normal course of business of the Company.
Execution Timeline:
As per the terms and conditions specified in the LOA, RFP and subsequent agreements to be executed with DMRC. Exact timeline not specified.
Revenue Recognition / Billing Structure:
Not Specified
Key Terms & Payment Milestones:
Not Specified
Whether Related Party Transaction:
No
Promoter Group Involvement:
No
Financial Implication:
Not Specified