Regulatory Disclosure

Date: October 26, 2026

Disclosure Type: Material event under Regulation 30 of SEBI Listing Regulations

Project Launch Details

Project Name: Veegaland Fortune

Launch Date: October 26, 2026

Project Category: Residential Apartments

Market Focus: Domestic market only (not international)

Location: Kathrikkadavu, Kaloor, Ernakulam, Kerala

Site Address: Village: ELAMKULAM, Taluk: Kanayannur, District: Ernakulam, Pin: 682017

Local Authority: Kochi Municipal Corporation

Regulatory Approval

Regulatory Authority: Kerala Real Estate Regulatory Authority (K-RERA)

Nature of Approval: Registration of real estate project under Section 5 of the Real Estate (Regulation and Development) Act, 2016

Registration Number: K-RERA/PRJ/ERN/168/2026

Registration Issue Date: October 25, 2026

Registration Validity: June 30, 2031

Building Permit Number: BP/102256/2026

Building Permit Issue Date: July 23, 2026

Building Permit Expiry: July 22, 2031

Proposed Completion Date: June 30, 2031

Project Specifications

Land Area: 4,100.00 square meters

Saleable Area Added: 178,905 square feet

Project Type: Residential apartments (3 & 4 BHK Luxe Residences as per brochure reference)

Expected Impact

The launch adds 178,905 square feet of saleable area to the Company's residential portfolio in Kochi and is expected to enhance the product mix of the Company, thereby contributing to revenue over the project period (until June 2031).

Compliance Requirements

As per K-RERA terms and conditions, the company must:

  • Enter into sale agreements with allottees using the prescribed format
  • Execute and register conveyance deeds in favor of allottees as per Section 17 of the Act
  • Deposit 70% of amounts realized from allottees in a separate scheduled bank account for construction and land costs
  • Maintain registration validity subject to permit extension until June 30, 2031
  • Comply with all provisions of the Real Estate Act and related rules and regulations

Additional Information

Annexures Provided: Project details (Annexure A) and Registration certificate (Annexure B)

Website Disclosure: Available at https://www.veegaland.com/investor-relations