Saboo Sodium Chloro Ltd acquires 26 acres of land in Chimur, Maharashtra near Tadoba National Park and Announces 5-Star 'Samskara Tadoba'

Saboo Sodium Chloro Limited (SSCL, "Company") is pleased to announce that the Company has purchased approximately 26 acres of land in Chimur near Tadoba National Park for the development of Samskara Tadoba. This marks our third land acquisition of 2025 after earlier purchases in Jawai and Udaipur for the development of 5-star luxury resorts.

Samskara Tadoba, a 5-star resort, will have upto 150 keys, 2 signature restaurants, a bar, multiple pools, a private lake, an observation tower, nature walks, luxury conferencing spaces, recreational activities, a spa, a gymnasium and a kids' zone. The resort will open to guests by 2027. The project is estimated to create employment for upto 250 persons.

The Company is applying to the Government of Maharashtra for benefits under the state's existing industrial and tourism promotion policies. Construction shall commence in the coming months after the Company receives all requisite approvals. The Company has already initiated discussions for the architectural, construction and consulting services for the project.

With this development, SSCL has over 850 keys in its pipeline over 4 locations - Jaipur, Udaipur, Jawai and Tadoba - and the Company is aiming to become a nationally leading luxury hotelier. SSCL remains engaged in further late-stage land acquisition discussions in markets like Ranthambore, Jodhpur, Jaisalmer and Achrol.

Shares of SABOO SODIUM CHLORO LTD. was last trading in BSE at Rs. 13.61 as compared to the previous close of Rs. 13.82. The total number of shares traded during the day was 13925 in over 78 trades.

The stock hit an intraday high of Rs. 13.89 and intraday low of 13.00. The net turnover during the day was Rs. 188213.00.

Source : Equity Bulls

Keywords

SABOOSODIUMCHLORO INE440C01016 LandAcquisition Chimur TadobaNationaPark SamskaraTadoba