Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 Ritesh Properties & Industries has informed that the earlier intimation given regarding the successful bidding by the Company for the Auction called by Improvement Trust of Ludhiana on August 16, 2021, for the Commercial site at Model Town Extension Part-II, Ludhiana admeasuring 3.79 Acres, the Company received a cancellation letter for this auction without mentioning any reason and the Company is exploring all the possible options to take care of this issue.
The above information is a part of company’s filings submitted to BSE.
