Saboo Sodium Chloro Ltd secures Forest NOC for 120 Room Luxury 5 Star Resort Project in Jawai, Rajasthan

Saboo Sodium Chloro Limited (SSCL, the "Company") is pleased to announce that it has secured the required Forest No Objection Certificate (NOC) for its proposed 120-room luxury 5-star resort project in Jawai, Rajasthan, marking a major milestone in the development of the project.

The project is being developed on approximately 40,000 square meters of land acquired by the Company in Jawai, one of India's leading wildlife tourism destinations, renowned for its unique leopard habitat and conservation landscape. The land parcel is situated adjacent to Aaramgah Jawai Resort & Spa, a member of Radisson Individuals Retreats.

With the Forest NOC now in place, the project has entered an advanced pre-construction stage. The architectural drawings have already been submitted to the Company, and the Company is currently in the final stages of tendering the civil contract. The Company presently expects to start construction within the next two months, subject to further regulatory approvals and final conversion orders.

Shares of SABOO SODIUM CHLORO LTD. was last trading in BSE at Rs. 12.62 as compared to the previous close of Rs. 11.74. The total number of shares traded during the day was 78532 in over 106 trades.

The stock hit an intraday high of Rs. 13.48 and intraday low of 11.97. The net turnover during the day was Rs. 997411.00.

Source : Equity Bulls

Keywords

SABOOSODIUMCHLORO INE440C01016 ForestNOC 120Rooms Luxury5StarResort Jawai Rajasthan