Nature of the Event
Key Quantitative Figures & Terms
Property Details:
- Built-up Area: 1,650 sq. ft. (153.41 sq. m.)
- Location: Commercial Plot No. 18 (Upper Ground Floor), Shri Ram Colony, Gangapur Road, Tehsil Lalsot, District Dausa, Rajasthan
Financial Terms:
- Lease Tenure: 10 years, valid till June 30, 2036
- Monthly Lease Rent: ₹80,000 (Rupees Eighty Thousand only)
- Rent Effective Date: October 1, 2026
- Rent Escalation: 5% after every 12 months
- Security Deposit: ₹1,60,000 (Rupees One Lakh Sixty Thousand only), refundable without interest
- Additional Charges: Plus applicable GST and exclusive of TDS
Parties Involved
Lessee (First Party): Yaashvi Jewellers Limited, through its authorized Director, Shri Ankit Aggarwal S/o Shri Onkar Mal Aggarwal.
Lessor (Second Party): Shri Atul Bohara S/o Shri Ram Lal Sharma, resident of House No. 68/298, Sector-6, Pratap Nagar, Sanganer, Jaipur, Rajasthan – 302033.
Purpose and Rationale
The commercial premises are taken on lease for setting up and operating a retail jewellery showroom of the Company.
Related Party Status
The Lessor is not related to the Company or its promoters/promoter group. The transaction is confirmed as not a related party transaction.
Operational and Financial Impact
The establishment and operation of the showroom are expected to support the Company's retail operations and business expansion. The disclosure explicitly states there is no material adverse effect on the operations of the Company arising from this lease.