Atlantaa Ltd receives LoI for redevelopment project

Atlantaa Limited has been selected as the Developer to redevelop the plot and premises of Highway Milton co-operative housing society Limited, "Bansi Nagar" ("the Society"), Off Western Express Highway, Borivali (East), Mumbai 400066 , after the necessary regulatory processes, under Regulation 79 (A) of Maharashtra Corporation Societies Act 1960, and pursuant to the letter issued by office of Deputy Registrar Co-operative Societies, R-North Ward to that effect. The society has issued letter of award to Atlantaa Limited and the project will be developed on the land admeasuring approximately 4,496 square meters situated at Western Express Highway Borivali (east), Mumbai 400066, with potential of 1,61,187 square feet carpet area.

Shares of Atlantaa Limited was last trading in BSE at Rs. 33.40 as compared to the previous close of Rs. 34.98. The total number of shares traded during the day was 31293 in over 157 trades.

The stock hit an intraday high of Rs. 36.50 and intraday low of 33.26. The net turnover during the day was Rs. 1073904.00.

Source : Equity Bulls

Keywords

Atlantaa INE285H01022 RedevelopmentProject Developer