Artificial Electronics Intelligent Material Ltd signs term sheet for lease of space at Oragadam

Artificial Electronics Intelligent Material Limited ('Company') (Formerly Datasoft Application Software (India) Limited), has signed a Term Sheet for leasing 67,005 SFT with M/s. Volumnus Developers Private Limited for starting up factory at Building No. GB-200B, Green Base Industrial & logistics park, Thriveni Nagar, Vadakapattu Village, Oragadam, Chengalpattu District, Tamil Nadu - 603 204. A formal lease agreement will be entered between parties in due course of time and will be registered in the presence of Sub-Registrar. Security Deposit(s) have been paid to the land lord.

The Company shall make the necessary intimation to stock exchanges as and when Lease Deed is registered.

Shares of Artificial Electronics Intelligent Material Limited ('Company') (FormerlyDATASOFT APPLICATION SOFTWARE (INDIA) LTD.) was last trading in BSE at Rs. 198.60 as compared to the previous close of Rs. 209.05. The total number of shares traded during the day was 2658 in over 116 trades.

The stock hit an intraday high of Rs. 198.60 and intraday low of 198.60. The net turnover during the day was Rs. 527878.00.

Source : Equity Bulls

Keywords

ArtificialElectronicsIntelligentMaterial INE072B01027 TermSheet Lease Space Oragadam