Hemisphere Properties India Limited (HPIL) has announced significant updates to its ongoing land sale process in Pune, Maharashtra. The company's Board of Directors has approved key changes to the Request for Proposal (RFP) document and extended the e-auction timeline.

RFP Amendment and E-Auction Extension

The Board of Directors of Hemisphere Properties India Limited has approved Amendment No. 2 to the Request for Proposal (RFP) document for the sale of land parcels located at Village Bopkhel, Pune, Maharashtra. This amendment marks an important development in the company's land divestment strategy.

In addition to the RFP amendment, the board has decided to extend the e-auction date. The new e-auction is now scheduled to take place 15 days after the previously set dates of September 15-16, 2025. This extension provides potential bidders with additional time to review the amended RFP and prepare their proposals.

Accessing the Amended RFP

HPIL has announced that the amended RFP document will be made available on two official platforms:

1. The company's e-auction website: https://hpil.enivida.com
2. The corporate website: www.hpil.co.in

Interested parties are advised to visit these websites to access the updated RFP document and familiarize themselves with any changes that may affect the bidding process.

Board Meeting Details

The decision to amend the RFP and extend the e-auction date was made during a board meeting held on September 9, 2025. The meeting commenced at 4:00 p.m. and concluded at 5:30 p.m., as disclosed in the company's filing to the stock exchanges.

Company Background

Hemisphere Properties India Limited, a Government of India Enterprise, is engaged in the management and development of surplus land assets.

This latest development in the land sale process at Village Bopkhel, Pune, reflects HPIL's ongoing efforts to optimize its land assets and potentially unlock value for shareholders. Stakeholders and potential bidders should stay tuned for further updates as the revised e-auction date approaches.

Hemisphere Properties India Limited (HPIL) has announced significant changes to its ongoing land sale process in Pune, Maharashtra. The company's Board of Directors has approved key modifications to the Request for Proposal (RFP) document and extended the e-auction timeline.

RFP Amendment and Auction Extension

HPIL's Board of Directors has given the green light to Amendment No. 2 of the RFP document for the sale of land parcels located in Village Bopkhel, Pune. This amendment comes with a notable change in the auction schedule:

• The e-auction date has been extended by 15 days from the originally planned dates of September 15-16, 2025.

Document Availability

Investors and interested parties should note that the amended RFP document will be made available on the company's official websites:

• https://hpil.enivida.com
• www.hpil.co.in

HPIL has stated that the updated document will be accessible on these platforms shortly.

Background of the Land Sale Process

This development is part of an ongoing process that HPIL has been managing since late 2024:

• The company initially issued communications regarding the RFP for the land sale in December 2024.
• Further updates were provided in April 2025, indicating the company's continued focus on this significant asset disposal.

Regulatory Compliance

In line with its obligations as a listed entity, HPIL has promptly informed both the BSE Limited and the National Stock Exchange of India Limited about these developments.

This extension and amendment to the RFP document suggest that Hemisphere Properties is taking a careful approach to its land sale process, potentially to ensure maximum participation and optimal outcomes. Stakeholders and potential bidders are advised to stay updated with the latest information on the company's websites as the revised e-auction dates approach.