Ravinder Heights Limited — Important, 27-12-2024: General Updates

Radhika Heights Limited, along with its wholly owned subsidiaries, has been notified of a personal hearing scheduled for January 7, 2025, by the Directorate of Town & Country Planning, Haryana. The hearing pertains to allegations of misrepresentation and concealment of facts linked to licenses for developing an affordable plotted colony in Gurugram. This development could have significant implications for the company's operations and licensing status. Investors should monitor this situation closely for updates, as the outcome may impact project timelines and compliance with regulatory requirements.