Balgopal Commercial Ltd — Updates, 01-07-2025: Company Update

Balgopal Commercial Limited’s subsidiary, Dreamax Buildtech Pvt Ltd, has entered into an assignment agreement with Dhanji Developers to develop a 3,770.80 sqm property at Kurla, Mumbai. The deal includes Rs. 50 Crores plus 16,000 sq. ft. area as consideration, aiming to convert the site into a residential/commercial project pending approvals. Balgopal Commercial will invest in this development, reflecting its strategy to grow its real estate portfolio and boost stakeholder value. The transaction is on an arm’s length basis and part of regular business activities.