Jungle Camps India Ltd — Others, 21-06-2025: AGM/EGM
21-06-2025 | 05:39 pm
21-06-2025 | 05:39 pm
Jungle Camps India Limited has announced a postal ballot seeking shareholder approval for a change in vendors related to the renovation of its flagship property, Pench Jungle Camp. The company originally allocated ₹350 lakhs from its IPO proceeds for renovation, initially selecting separate vendors for furniture, furnishings, and lighting. After reassessment based on cost, quality, and delivery timelines, it appointed Shivaay Luxury Living LLP as a consolidated vendor, achieving a cost saving of ₹11.77 lakhs. This change aligns with the original renovation objectives and enhances cost efficiency without altering the project timeline. The company has utilized ₹912.21 lakhs of its total ₹2792.21 lakh IPO proceeds so far.
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