BOM:530461

2 stories mentioning BOM:530461Updated 90d ago

Every FINWIRES story that references BOM:530461, newest first.

Saboo Sodium Chloro Gets Land Conversion Approval to Build New Resort in Jawai, India

Saboo Sodium Chloro (BOM:530461) has received a conversion order from the office of the District Collector of Pali, in Rajasthan, India for the land parcel on which the company is developing a resort in Jawai, Rajasthan, according to a Thursday filing to the Indian stock exchanges.The company plans to build a 120-room luxury 5-star resort on the acquired land in Jawai.This latest order, marks the completion of the key regulatory approvals required to start construction of the project.Subject to receipt of the building plan approval and other customary statutory clearances, the company expects to begin construction thereafter.

BOM:530461

Asia116d ago

Saboo Sodium Arm Acquires Additional Land in Udaipur, India for Hospitality Project; Shares Up 4%

Samskara Resorts, a wholly-owned subsidiary of Saboo Sodium Chloro (BOM:530461), has acquired a 6,070 square meters of land in Udaipur, India, according to a BSE filing on Wednesday.The acquired land is adjoining to the earlier acquired parcel of 23,300 square meters for Samskara Udaipur, taking its total landholding for the project to 29,370 square meters to develop a large site for a luxury hospitality project.The company is developing Samskara Udaipur as a palace-style luxury hotel project with up to 350 rooms.This is the company's fourth land acquisition in the past 12 months.Saboo Sodium's shares were up nearly 4% in recent trade.

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