Artificial Electronics Intelligent Material Limited Secures 67,005 Sq Ft Factory Space in Tamil Nadu

Artificial Electronics Intelligent Material Limited (AEIM), formerly known as Datasoft Application Software India Limited, has taken a significant step towards expanding its operational capabilities. The company has executed a lease deed for a substantial factory space in Tamil Nadu, marking a pivotal moment in its strategic growth initiatives.

Lease Agreement Details

AEIM has signed a three-year lease agreement with Volumnus Developers Private Limited for a 67,005 square feet factory space. The facility is located at Building No. GB-200B, Green Base Industrial & Logistics Park in Thriveni Nagar, Vadakapattu Village, Oragadam, Chengalpattu District, Tamil Nadu.

Strategic Expansion

The lease execution is part of AEIM's broader strategy to establish a new manufacturing facility. This move underscores the company's commitment to expanding its operational footprint and enhancing its production capabilities.

Official Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, AEIM officially intimated the BSE Limited about this development. The disclosure was signed by Uma Nandam, the Whole-Time Director of AEIM.

Company Background

Artificial Electronics Intelligent Material Limited is headquartered at 42, Commercial Complex, Hiranandani Parks, Vadakapattu, Oragadam, Chengapattu District, Tamil Nadu. The company's strategic move to secure this new factory space aligns with its vision for growth and expansion in the electronics and intelligent materials sector.

This leasing arrangement represents a significant milestone for AEIM, potentially paving the way for increased production capacity and operational efficiency in the coming years.