Jost's Engineering Company Limited approves joint development of land

The Board of Directors of Jost's Engineering Company Limited at their meeting held today i.e. 18th March, 2025, has considered and approved the joint development of land situated at C‐7 Wagle Industrial Estate, Road No. 12, Thane - 400604, MH, by construction of IT/ITeS Building with any builder/developer as may be identified, on Area sharing basis and/or Revenue Sharing basis, as may be mutually agreed between the Company and Developer, in the best interest of the Company and to deal with built-up area delivered to the Company, if any, under the aforesaid development arrangement, in future, by way of pledge, sale, lease or otherwise.

Source : Equity Bulls

Keywords

JostsEngineeringCompany JointDevelopment Land Thane IT ITeS Building