Alfavision Overseas (India) informs about disclosure
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable provisions, Alfavision Overseas (India) has informed that the Company has entered into term sheet for the development of Hotel, Villas, Resort, Wellness, Adventure Park, and other residential and non-residential properties on the Company’s land situated at Saras, Icchawar, District Sehore, Madhya Pradesh. The proposed development shall be undertaken on the Company’s land along with land owned by other promoter group entities, aggregating approximately 220 acres, in association with Della Resort & Adventure. Further details in this regard will be intimated to the Stock Exchange(s) as and when received. The Details is attached with ‘Annexure-1’.
The above information is a part of company’s filings submitted to BSE.
