Talbros Engineering Secures 6500 Sq. Ft. Industrial Premises for Expansion in Faridabad
Talbros Engineering Limited has secured a new industrial premises to facilitate business operations and expansion. The company entered into a formal lease agreement for the property, which is located at Plot No. 38, Sector-4, Faridabad, Haryana.The new facility encompasses 6500 sq. feet of space. Talbros Engineering Limited has signed the lease agreement with Sh. Satish Kumar Rawal and Sh. Vineet Kumar Rawal, who are the owners in possession of the property. The terms of the agreement stipulate a duration of five years, commencing on May 10, 2026, and concluding on May 9, 2031.
The lease entails a monthly rent of Rs. 1,10,000/-. Key details regarding this real estate transaction are summarized below:
| Detail | Information |
|---|---|
| Parties Involved | Sh. Satish Kumar Rawal and Sh. Vineet Kumar Rawal |
| Property Location | Plot No. 38, Sector-4, Faridabad, Haryana - 121004 |
| Area Size | 6500 sq. feet |
| Lease Term | Five years (From 10.05.2026 to 09.05.2031) |
| Monthly Rent | Rs. 1,10,000/- |
The company confirmed that the lessor is not affiliated with the promoter or the promoter group of Talbros Engineering Limited, and the transaction has been conducted at arm's length.
Talbros stated that any future updates regarding the commencement of commercial production or operations related to any unit or division will be communicated separately once those activities begin.
Stock Price Movement
Shares of Talbros Engineering Ltd closed today after slipping by 0.17% to settle at ₹695.05. The stock traded within a tight intraday range, hitting a low of ₹692.15 and peaking at a high of ₹700.80 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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