Corporate Announcement
Security Code : 513349    Company : AJMERA    
 
Updates 
  Exchange Disseminated Time     
Ajmera Realty & Infra India Ltd has informed BSE that the Directors of the Company at their Investment committee Meeting held on May 05, 2010 have approved the proposal to invest in Ultra Tech Property Developers Pvt Ltd to acquire the 36% Equity shares subject to such approvals, consent, sanctions and permissions of the appropriate authorities.

Ultra Tech Property Developers Pvt Ltd is holding a Leasehold right of 604.50 Square meters in Kalina, Santacruz (East). The plot is adjacent to BKC and is having potential of development of approx 40,000 Sq. Ft.
 

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