With reference to disclosure dated October 07, 2024 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Modern Engineering And Projects has informed that the company has entered into an Amended Memorandum of understanding (MOU) with Karmvir Intelligent Infra for acquiring office premises on long lease basis i.e. unit No. 401 to 405 total area 7,703.80 SQFT plus 5 parking at Consideration of Rs 20,25,95,000 (Rupees Twenty Crores Twenty-Five Lakhs Ninety-five thousand only) in Commercial-cum-retail Building Known as ‘Karmvir Sky City’ instead of Unit No. 401 to 410 total area 15,800.37 SQFT Plus 10 Car Parking at a Consideration of Rs 41,50,09,250 (Rupees Forty one crores fifty Lakhs nine Thousand Two hundred and fifty only) in Commercial-cum-retail Building Known as ‘Karmvir Sky City' on such terms and condition as mentioned in MOU.
The above information is a part of company’s filings submitted to BSE.