Landmark Property Development continues RTA with MUFG Intime post-amalgamation

2 min read     Updated on 03 Aug 2026, 07:06 PM
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Landmark Property Development Company Limited has updated its Registrar and Share Transfer Agent details following the statutory amalgamation of C B Management Services (P) Limited with MUFG Intime India Private Limited. Effective May 8, 2026, MUFG Intime assumed all rights and obligations of the previous RTA by operation of law. A formal agreement was executed on July 31, 2026, to record this continuation. Shareholders should direct future queries to MUFG Intime’s Mumbai and Kolkata offices using the provided SEBI registration number INR000004058.

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Landmark Property Development has notified the Bombay Stock Exchange and the National Stock Exchange of India that its Registrar and Share Transfer Agent (RTA) services are now being performed by MUFG Intime India Private Limited. This transition is not a fresh appointment but a statutory consequence of the amalgamation of the company’s previous RTA, C B Management Services (P) Limited, with MUFG Intime India Private Limited. The amalgamation was approved by the National Company Law Tribunal and became effective on May 8, 2026.

Amalgamation and Statutory Vesting

The change in RTA provider occurred by operation of law rather than through a new commercial selection process by Landmark Property Development. Pursuant to the Scheme of Amalgamation approved by the Hon'ble National Company Law Tribunal, all assets, rights, liabilities, obligations, records, undertakings, and contracts held by C B Management Services (P) Limited vested in MUFG Intime India Private Limited on May 8, 2026.

As a result of this legal vesting, MUFG Intime succeeded to the role of RTA for Landmark Property Development. The company emphasized that this continuity ensures no disruption in share transfer or registration services for shareholders, as the existing contractual framework remains intact under the new entity.

Formalization of Agreement

To formally document the continuation of the service arrangement, Landmark Property Development executed a Registrar and Share Transfer Agent Agreement with MUFG Intime India Private Limited on July 31, 2026. This step ensures that the corporate records reflect the current legal status of the RTA relationship following the statutory merger.

Updated RTA Details

Shareholders and market participants are advised to update their records with the contact details of the new RTA entity. The relevant particulars are provided below:

Detail Information
Name MUFG Intime India Private Limited
SEBI Registration No. INR000004058
Mumbai Office C-101, 247 Park, L B S Marg, Vikhroli West, Mumbai 400083
Kolkata Office Rasoi Court, 20 SIR R N Mukherjee Road, West Bengal, Kolkata 700001
Telephone 033-69066200
Email investor.helpdesk@in.mpms.mufg.com
Website www.in.mpms.mufg.com

Procedural Compliance

The intimation was issued to the Department of Corporate Services at BSE Limited (Scrip Code: 533012) and the Listing Department at NSE India Ltd (Ref: LPDC). The notice was signed by Ankit Bhatia, Company Secretary of Landmark Property Development Company Limited, on August 3, 2026. The company’s registered office remains located at 11th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi.

Historical Stock Returns for Landmark Property Development

1 Day5 Days1 Month6 Months1 Year5 Years
+0.79%+5.99%-1.85%-3.48%-21.45%+7.97%

Will the transition to MUFG Intime result in any changes to service fees or processing timelines for Landmark Property Development shareholders?

How does this amalgamation impact other listed entities that previously used C B Management Services as their RTA?

Are there any pending regulatory compliance updates or system migrations that MUFG Intime must complete for Landmark Property Development by a specific deadline?

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Landmark Property Development executes settlement agreements with Saya Buildcon

1 min read     Updated on 08 Jul 2026, 07:56 AM
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Landmark Property Development Company Limited has executed settlement agreements with Saya Buildcon Consortium Private Limited to formally conclude transactions related to a loan and an Inter Corporate Deposit (ICD) dated 2017. The agreements, signed on July 07, 2026, also cover the cancellation of nine commercial units in the Saya Zion project. The company stated that the execution is in its commercial interest and is not expected to have a material adverse impact on its financial position or operations.

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Landmark Property Development Company Limited executed settlement agreements with Saya Buildcon Consortium Private Limited on July 07, 2026, to formally conclude transactions related to a loan and an Inter Corporate Deposit (ICD). The agreements also cover the cancellation of the allotment of nine commercial units in the Saya Zion project. The company stated that the execution of these documents is in its commercial interest and is not expected to have any material adverse impact on its financial position or operations.

The settlement package comprises three specific documents: a Settlement Agreement for the Loan Agreement dated 30 May 2017, a Settlement Agreement for the ICD Agreement dated 14 December 2017, and a Cancellation Agreement for the commercial units. These agreements provide for the full and final settlement of the respective transactions and all associated rights, claims, and obligations. They also establish a framework for the reciprocal release and discharge of the parties from their claims.

Key Details of the Agreements

The following table outlines the particulars of the agreements and their impact:

Sr. No. Particulars Details
1. Parties Involved Landmark Property Development Company Limited and Saya Buildcon Consortium Private Limited
2. Purpose To formally record the comprehensive settlement regarding the Loan Agreement dated 30 May 2017, the ICD Agreement dated 14 December 2017, and the cancellation of nine commercial units in Saya Zion.
3. Related Party Transaction No
4. Promoter Interest No
5. Impact Formalises the implemented settlement and facilitates closure of pending matters. No material adverse impact on financial position or operations is expected.

The principal monetary obligations under these settlement arrangements were discharged by the respective parties prior to the execution of the agreements. The documents now serve to formalise the settlement already implemented and provide the contractual framework for completing remaining consequential actions. These actions include the withdrawal and closure of legal proceedings between the parties in accordance with the terms of the respective agreements.

Historical Stock Returns for Landmark Property Development

1 Day5 Days1 Month6 Months1 Year5 Years
+0.79%+5.99%-1.85%-3.48%-21.45%+7.97%

How will the closure of these long-standing financial disputes impact Landmark Property Development's ability to secure future financing?

Does the cancellation of the nine commercial units in the Saya Zion project signal a strategic shift away from holding commercial assets?

What are the expected timelines for the withdrawal and formal closure of the pending legal proceedings mentioned?

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