NSEGeneral Updates2 Nov 2026 · 2 Nov 2026, 01:06 pm

General Updates

Sumit Woods Limited · SUMIT

✦ AI Summary▲ PositiveExpansion

Sumit Woods Limited has signed a development agreement for the redevelopment project of 'Pruthvi Enclave CHS Ltd.' in Mumbai, with an estimated revenue potential of ₹695 Crores.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10

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Sumit Woods Limited has informed the Exchange about General Updates

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SUMIT_02112026130618_NSE.pdf

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BUILDERS & DEVELOPERS The Manager, 02nd November 2026 Listing Department, The National Stock Exchange of India Limited, 'Exchange Plaza', C-1 Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400051 Sub: Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015 NSE Symbol: SUMIT ISIN: INE748Z01013 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of our announcement dated 10th November 2025, we are pleased to inform you that Sumit Woods Limited, has signed and Registered a Development Agreement for the redevelopment project of “Pruthvi Enclave CHS Ltd.”, situated Siddharth Nagar, near Magathane Metro Station, Western Express Highway, Borivali (East), Mumbai – 400 066. The project represents a prestigious, high-end development comprising premium commercial and residential spaces, strategically located in one of the most sought-after and rapidly evolving micro- markets of Borivali (East), Mumbai. With an expansive estimated construction and development area of approximately 6,70,000 sq. ft., the project offers significant scale and development potential, with an estimated revenue potential of approximately ₹695 Crores. This landmark redevelopment initiative is poised to create a distinctive development in the western suburbs of Mumbai, further strengthening the Company's presence in the region and reinforcing its commitment to delivering premium real estate developments. This redevelopment project enjoys excellent connectivity being located Opposite Magathane Metro Station and diagonally opposite Sky City (Oberoi Mall), with direct access to the Western Express Highway, the major north-south corridor of Mumbai. This improved connectivity between Mumbai to Thane is expected to further enhance the project's accessibility, connectivity and overall attractiveness, adding to its long-term development potential. Sumit Woods Limited (Formerly Known as “Sumit Woods Private Limited”) B - 1101, Express Zone, Diagonally Opp. to Oberoi Mall, W.E.Highway, Malad (East), Mumbai - 400 097 Tel.: 022- 2874 9966 / 77  Fax : 022-2874 3377 Email : contact@sumitwoods.com  www.sumitwoods.com CIN No. : L36101MH1997PLC152192 Nearby key amenities: Ryan International School, Kandivali (East) – approx. 1.6 km away. Apex Multispeciality Hospital – in close proximity. The Group’s ongoing and completed developments together represent a total project value of approximately ₹3,362 crore. This disclosure is made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015. You are requested to take the above information on your records. Thanking you, Yours faithfully, For Sumit Woods Limited Rekha Bagda Company Secretary Membership No. ACS-61024 Sumit Woods Limited (Formerly Known as “Sumit Woods Private Limited”) B - 1101, Express Zone, Diagonally Opp. to Oberoi Mall, W.E.Highway, Malad (East), Mumbai - 400 097 Tel.: 022- 2874 9966 / 77  Fax : 022-2874 3377 ● Email : contact@sumitwoods.com  www.sumitwoods.com CIN No. : L36101MH1997PLC152192