Modis Navnirman Limited will engage with investors and analysts through a virtual group meeting scheduled for June 15, 2026, at 1 pm. The management intends to discuss business matters based on generally available information, ensuring no Unpublished Price Sensitive Information is shared during the session. This initiative aligns with the company's Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.

The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosures Requirements) Regulation, 2015. The company has confirmed that the meeting schedule is subject to change due to potential exigencies on the part of the fund, broking house, or the company itself.

In accordance with Regulation 46(2) of the Listing Regulations, details regarding this meeting will be available on the company's official website. Nishi Modi, Company Secretary & Compliance Officer, signed the intimation on June 9, 2026.

Modis Navnirman Limited has been appointed as the developer for the redevelopment of Neel Kiran Co-operative Housing Society Ltd., located in Khar West, Mumbai. The project is expected to contribute approximately ₹250 crore to the company's Gross Development Value (GDV) pipeline, strengthening its presence in the city's premium redevelopment segment. The appointment follows a selection process conducted by the society, where members chose Modis Navnirman Limited as their preferred partner.

Project Details

Neel Kiran CHSL is situated in a strategic location within Khar West, a residential market characterized by strong demand and established social infrastructure. The redevelopment aims to deliver modern residential infrastructure and enhanced amenities for existing members while creating long-term value. The project is subject to the execution of definitive documentation and receipt of requisite approvals from the society and relevant authorities.

Management Commentary

Mr. Dinesh Modi, Chairman & Managing Director of Modis Navnirman Limited, emphasized the partnership aspect of the initiative. He stated that the company's focus extends beyond construction to enhancing the quality of life for residents and unlocking the potential of urban land parcels. Modi expressed confidence that the development would reflect the aspirations of the society members and stand as a landmark addition to Khar West.

Strategic Impact

The mandate marks a significant milestone for Modis Navnirman Limited as it expands its footprint into one of Mumbai's most prestigious residential markets. The company continues to focus on responsible urban renewal and execution excellence across the western suburbs.