Modis Navnirman Ltd — Important, 03-06-2026: Company Update

Modis Navnirman Limited has secured a significant redevelopment mandate for Neel Kiran Co-operative Housing Society Ltd. in Khar West, Mumbai. This project is poised to add approximately ₹250 crore to the company's Gross Development Value (GDV) pipeline. This strategic win expands MNL's presence in a highly sought-after Mumbai residential market, strengthening its position in premium redevelopment. The company aims to deliver modern residential infrastructure and enhanced amenities, creating long-term value for residents and shareholders.