Modis Navnirman Ltd — Important, 09-02-2026: Company Update

Modis Navnirman has commenced construction of its Rashmi Icon project in Malad, Mumbai, marked by a Bhoomi Poojan ceremony. This mixed-use development, spanning 4,744.40 sq. mtrs., will feature approximately 201 residential homes and 17 commercial shops. The project includes podium parking and dedicated amenities, aiming to enhance community living. This milestone expands the company's residential portfolio in Mumbai, underscoring its commitment to delivering quality, modern, and community-focused developments for shareholders.