Alfavision Overseas India Ltd — Important, 05-03-2026: Company Update

Alfavision Overseas (India) Limited has amended land lease agreements with its promoters and promoter entities, primarily to expand its business activities. The revised terms now permit the leased land to be utilized for resort and real estate development, recreation, and allied commercial purposes. These agreements involve total lease deposits amounting to approximately 111.35 Cr. A significant aspect is a 60:40 profit-sharing model where the company will receive 60% of profits from the land. This strategic update positions the company to tap into new sectors like hospitality and property development, potentially diversifying its revenue streams.