Cryogenic Ogs Ltd — Important, 13-02-2026: Company Update
13-02-2026 | 03:38 pm
13-02-2026 | 03:38 pm
CRYOGENIC OGS LIMITED has executed a 30-year Leave and License Agreement for premises in Vadodara, Gujarat, effective from February 1, 2026. This secures long-term land for the company's commercial operations and expansion. The agreement is with the company's promoters and directors, making it a related party transaction, confirmed to be at arm's length. The annual occupation charges are approximately 0.24 Cr, subject to an 8% annual escalation. This creates a financial obligation for the company but does not impact its management or control.
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