Simplex Realty Ltd — Important, 06-10-2025: Company Update

Simplex Realty has transferred its developer rights for the redevelopment of Bandra Anandvihar Co-Operative Housing Society Ltd. to its 51% owned subsidiary, Simplex Modern Homes Private Limited. This supplemental agreement enables the subsidiary to take over the project's operational responsibilities. This related-party transaction was conducted at arm's length, allowing Simplex Realty to streamline the project execution within its group structure and focus its redevelopment efforts through its subsidiary.