Peninsula Land Limited — Important, 15-01-2025: Disclosure of material issue

Peninsula Land Limited is set to launch its new residential project, 'AshokVistas by Peninsula Land,' in Gahunje, Pune. Covering approximately 7 acres, the development will occur in two phases. The first phase includes 68 plots, while the second will feature 57 plots, with bookings for both phases commencing on January 18, 2025. This project is registered with MahaRERA, enhancing its credibility and potential appeal to buyers. The launch represents a strategic step to capitalize on demand in the Pune real estate market, indicating a positive outlook for sales and revenue generation. Investors should monitor this development closely for its potential impact on the company's performance and market position.