Hemisphere Properties India Limited — Important, 13-12-2024: Disclosure of material issue

Hemisphere Properties India Limited has initiated a Request for Proposal (RFP) for the sale of land parcels in Bopkhel, Pune, Maharashtra. This strategic move signals the company's intent to monetize its real estate holdings, potentially enhancing liquidity and funding future projects. The RFP document is available on the company’s website, providing interested parties the opportunity to engage in the bidding process. This development may serve as a positive factor for investors, as it could lead to significant capital inflow and align with the company’s growth strategy in the real estate sector. Investors should monitor this situation closely for its implications on the company’s financial health.