Atlas Cycles (Haryana) Limited — Important, 07-12-2024: Updates

The board of directors of Atlas Cycles (Haryana) Limited has decided to cancel a previous agreement to sell approximately 20 acres of land located in Sonipat, Haryana, as the buyer failed to honor the terms of the agreement. This development follows prior notifications regarding the sale. The company plans to provide further updates as material developments occur. The cancellation may have implications for the company's asset management strategy, and investors should monitor future communications for potential impacts on overall operations.