Balgopal Commercial Ltd — Important, 12-06-2026: Company Update

Balgopal Commercial's wholly-owned subsidiary, Esquire Real Estate & Bio-infocom, has received a Letter of Award from the Slum Rehabilitation Authority for a redevelopment project. This project involves land admeasuring 19,967.36 square meters in Sion Kokari Agar, Mumbai. The company anticipates a free sale component of approximately 5.87 Lakh square feet from this development, with an estimated Gross Merchandise Value of Rs 1200 Cr. This approval is a key step in advancing the proposed development, which is part of the subsidiary's ordinary business operations and is subject to further approvals.