NSEProduct launch6d ago · 26 Oct 2026, 06:28 pm

Product launch

Veegaland Developers Limited · VEEGALAND

✦ AI Summary▲ PositiveExpansion

Veegaland Developers Limited has informed the Exchange about the launch of its residential project 'Veegaland Fortune' in Kochi, Kerala, following the receipt of registration from the Kerala Real Estate Regulatory Authority.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10

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Veegaland Developers Limited has informed the Exchange about Product launch

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VEEGALAND_26102026182821_Intimation_under_30_of_SEBI_LODR_sd.pdf

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Ref: SEC/VDL/2026/014 October 26, 2026 BSE Limited National Stock Exchange of India Limited 20th Floor, P.J. Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 544923 Scrip Symbol: VEEGALAND Dear Sir/Madam, Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Launch of Residential Project "Veegaland Fortune" pursuant to receipt of registration from the Kerala Real Estate Regulatory Authority Pursuant to Regulation 30 of the Listing Regulations, read with the Company’s Policy on Reporting and Determination of Material Events, we wish to inform you that the Kerala Real Estate Regulatory Authority (K-RERA) has granted registration under Section 5 of the Real Estate (Regulation and Development) Act, 2016, to the Company’s residential project “Veegaland Fortune”, situated at Kathrikkadavu, Kaloor, Ernakulam, Kerala bearing Registration No. K-RERA/PRJ/ERN/168/2026. Consequent to the receipt of the aforesaid registration, the Company has officially launched the project today, i.e., October 26, 2026. The details of the project launch, as required under Regulation 30 read with Schedule III of the Listing Regulations and in accordance with the SEBI Master Circular dated November 11, 2024, along with the project brochure, are enclosed herewith as Annexure A copy of the registration certificate issued by the Kerala Real Estate Regulatory Authority is enclosed herewith as Annexure B. Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: U45201KL2007PLC021107 www.veegaland.com The above disclosure is also being made available on the website of the Company at https://www.veegaland.com/investor-relations. Kindly take the same on record. Thank You. For Veegaland Developers Limited Akshay Anand T S Company Secretary & Compliance Officer Membership No: A70026 Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: U45201KL2007PLC021107 www.veegaland.com Annexure A Details of the new project Sl. No. Particulars Details 1. Name of the product Veegaland Fortune 2. Date of launch October 26, 2026 3. Category of the product Residential Apartments 4. Whether caters to domestic/ Domestic international market 5. name of the countries in which the Not Applicable product is launched (in case of international). 6. Name of the regulatory authority Kerala Real Estate Regulatory Authority (K-RERA) 7. Nature of approval Registration of real estate project under Section 5 of the Real Estate (Regulation and Development) Act, 2016 8. RERA registration number K-RERA/PRJ/ERN/168/2026 9. Date of issue of registration October 25, 2026 10. Validity of registration June 30, 2031 11. Expected impact on the Company The launch adds 1,78,905 sq. ft. of saleable area to the Company's residential portfolio in Kochi and is expected to enhance the product mix of the Company. Thereby contribute to the revenue over the project period. Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: U45201KL2007PLC021107 www.veegaland.com KERALA REAL ESTATE REGULATORY AUTHORITY Certificate of Registration of Real Estate Project [This Registra on is granted under Sec on 5 of the Real Estate (Regula on and Development) Act, 2016 to the following project under the project registration number and details as below] 1 Registration Number K‐RERA/PRJ/ERN/168/2026 2 Name of Project VEEGALAND FORTUNE 3 Address of Project(Site) Village: ELAMKULAM, Taluk: Kanayannur, District: Ernakulam, Pin: 682017 4 Name of Promoter VEEGALAND DEVELOPERS LIMITED XXXV/564, 4TH FLOOR, K C F TOWER, BHARATA MATHA COLLEGE ROAD, Registered address of 5 THRIKKAKARA, OPPOSITE NPOL, Taluk: Kanayannur, District: Ernakulam, Promoter State: KERALA, Pin: 682021 XXXV/564, 4TH FLOOR, K C F TOWER, BHARATA MATHA COLLEGE ROAD, Communication address of 6 THRIKKAKARA, OPPOSITE NPOL, Taluk: Kanayannur, District: Ernakulam, the Promoter State: KERALA, Pin: 682021 Local body in which the 7 Kochi Municipal Corporation project is proposed 8 Extent of Land (in Sq.m.) 4100.00 Permit Number, Date and 9 BP/102256/2026, 23/07/2026, Secretary Issuing authority 10 Date of Expiry of Permit 22/07/2031 Proposed date of 11 30/06/2031 Completion of Project Date of Issue of 12 25/10/2026 Registration Date of Expiry of 13 30/06/2031 Registration This registra on is issued for the above men oned project subject to the terms and condi ons as stipulated in Schedule 1 overleaf. Secretary (Technical & Admn.) Kerala Real Estate Regulatory Authority Schedule 1 TERMS AND CONDITIONS The registration for the Real Estate Project VEEGALAND FORTUNE located at Village: ELAMKULAM, Taluk: Kanayannur, District: Ernakulam, Pin: 682017 and promoted by VEEGALAND DEVELOPERS LIMITED and bearing registration number with Kerala Real Estate Regulatory Authority as K‐ RERA/PRJ/ERN/168/2026 and valid till 30/06/2031 is granted subject to the following terms and conditions: 1. The promoter shall enter into an agreement for sale with the allottees as provided in ‘Annexure A’ of the rules; 2. The promoter shall execute and register a conveyance deed in favour of the allottee or the association of the allottees, as the case may be, of the apartment or the common areas as per Section 17 of the Act; 3. The promoter shall deposit seventy percent of the amounts realized from the allottees by the promoter in a separate account to be maintained in a scheduled bank to cover the cost of construction and the land cost, and is to be used only for that purpose as per sub‐clause (D) of clause (I) of sub‐section (2) of Section 4 of the Act; 4. The registration shall be valid up to 30/06/2031 unless renewed by the Real Estate Regulatory Authority in accordance with Rule 7 read with Section 6 of the Act; 5. This registration shall be valid till the date of expiry of registration, subject to the condition that the validity of permit is extended till that date. Further, on expiry of the permit, this registration shall stand automatically repealed. 6. The promoter shall comply with the provisions of the Act and the Rules and Regulations made there under; 7. The promoter shall not contravene the provisions of any other law for the time being in force in the area where the project is being developed. 8. The promoter shall ensure that the Agreement for Sale executed with the allottees adheres to the model format specified in Annexure A of Rule 10 of the Kerala Real Estate (Regulation & Development) Rules 2018, without any material alterations or deviations unless explicitly approved by K‐RERA. If the above‐mentioned conditions are not fulfilled by the promoter, the regulatory authority may take necessary actions against the promoter including revoking the registration granted herein, as per the Act, Rules and Regulations made thereunder. Place: Thiruvananthapuram Sd/­ Date: 26/10/2026 Secretary (Technical & Admn.) Kerala Real Estate Regulatory Authority