27-Oct-2026 14:35:14

ATVPRGeneral news

ATV PROJECTS INDIA: REVISES MATHURA LAND DEAL VALUE DOWN BY ₹1.11 CR FOLLOWING AREA ADJUSTMENT

• Agreement Update: Entered into a supplementary agreement with Shri Vrinda Infracon Pvt Ltd for land development at ATV Nagar, Mathura • Land Area Revision: Joint measurement identified a shortfall of 370 sq yards against the originally agreed area of 15,918 sq yards • Revised Land Area: Reduced to 15,548 sq yards • Revised Deal Value: Consideration reduced from ₹47.75 Cr to ₹46.64 Cr • Financial Impact: Total consideration decreased by ₹1.11 Cr following the land area adjustment • Agreement Terms: Supplementary Agreement dated September 5, 2026 incorporates the revised terms • Development Agreement: Both parties mutually decided not to execute a separate Development Agreement Impact: Neutral to Negative (₹1.11 Cr reduction in agreed consideration lowers the transaction value, while the revised terms provide clarity on the land development arrangement.)

ATV PROJECTS INDIA LTD.

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