Alfavision Overseas India Ltd — Important, 01-07-2026: Company Update

Alfavision Overseas (India) Limited's board has approved the acquisition of an additional 34% equity in Alfa Valley Resort & Wellness Private Limited for ₹0.03 Crore, increasing its stake to 74% and making it a subsidiary. This strategic move facilitates the company's expansion into the hospitality and tourism sector. Additionally, the board approved an application to the Madhya Pradesh Tourism Board for a lease on approximately 113 hectares of government land. This land is intended for an Ultra Mega Tourism Project, in partnership with Della Resort & Adventure Private Limited, with an estimated overall investment of ₹300 Crore, pending approvals. This signals a significant growth thrust into tourism.