Narendra Properties Ltd — Updates, 07-06-2025: Company Update

Narendra Properties Ltd. has sold one residential unit at its NPL Grand Melody project in Chennai for ₹2.75 Cr, representing 30.5% of its total income of ₹9.02 Cr in the last audited fiscal year. This transaction is part of the company’s ordinary business operations and is not with a related party. The sale reflects significant revenue contribution from individual asset sales, highlighting ongoing asset monetization within its development portfolio, which is relevant for shareholders tracking operational cash flows and income recognition.