NSEGeneral Updates23h ago · 21 Jul 2026, 02:41 pm
General Updates
Sumit Woods Limited · SUMIT
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Sumit Woods Limited has received a Full Commencement Certificate for its residential project 'SUMIT KMR PARAM' in Borivali West, enabling the company to commence construction activities.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
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Market Sentiment5/10
Full Announcement
Sumit Woods Limited has informed the Exchange about General Updates
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SUMIT_21072026144102_NSE.pdf
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BUILDERS & DEVELOPERS
July 21, 2026
To
The Listing Department
National Stock Exchange of India Limited
Exchange Plaza, Plot No.
C/1, G-Block, Bandra,
Kurla Complex,Mumbai: 400051
NSE Symbol: SUMIT
Dear Sir/ Madam,
Sub: Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015 Sumit Group
announces Receipt of Full Commencement Certificate for Residential Project “SUMIT KMR
PARAM – Borivali West”.
In continuation of the Announcement dated 19th March 2025, Sumit Group announces receipt
of Development Permission and grant of Full Commencement Certificate to carry out
development and building permission dated 20th July, 2026 for its Project “SUMIT KMR
PARAM” located in Borivali West on plot No. 282 ,283 ,284 ,293 C.T.S.No. 282 ,283 ,284 ,293
Division / Village / Town Planning Scheme No. BORIVALI-R/C situated at 18.30 mtr. wide
Road & 13.40 mtr. Wide DP Road Road / Street in R/C Ward.
The receipt of the Full Commencement Certificate marks a significant milestone and
enables the Company to commence construction activities in accordance with the
approved plans and applicable statutory approvals.
SUMIT KMR PARAM is a premium residential development proposed on a strategically
located open plot at Borivali (West), one of Mumbai's prominent residential micro-markets. The
project has been planned to offer modern residential units supported by contemporary
amenities and quality infrastructure, catering to the evolving needs of homebuyers.
This disclosure is made in compliance with Regulation 30 of the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Kindly take the above information on record.
Thanking you,
Yours faithfully,
For Sumit Woods Limited
Rekha Bagda
Company Secretary and Compliance Officer
Membership no. A61024
Sumit Woods 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
C - 3
BRIHANMUMBAI MUNICIPAL CORPORATION
FORM 'A'
MAHARASHTRA REGIONAL AND TOWN PLANNING ACT, 1966
No P-12775/2022/(282 And Other)/R/C Ward/BORIVALI-R/C/FCC/2/Amend
COMMENCEMENT CERTIFICATE
To,
M/s. Sumit Woods Ltd.
B-1101,Express Zone, Diagonally Opp. to. Oberoi
Mall, W.E. Highway, Malad (East), Mumbai- 400097.
Sir,
With reference to your application No. P-12775/2022/(282 And Other)/R/C Ward/BORIVALI-
R/C/FCC/2/Amend Dated. 10 Nov 2022 for Development Permission and grant of Commencement Certificate
under Section44 & 69 oftheMaharashtra Regionaland TownPlanningAct,1966, tocarryoutdevelopment and
building permission under Section 346 no 337 (New) dated 10 Nov 2022 of the Mumbai Municipal Corporation
Act 1888 to erecta building in Building development work of on plot No. 282 ,283 ,284 ,293 C.T.S.No. 282 ,28
3 ,284 ,293 Division / Village / TownPlanning Scheme No. BORIVALI-R/C situated at 18.30 mtr.wide Road
& 13.40 mtr. Wide DP Road Road / Street inR/C WardWard .
The Commencement Certificate / Building Permit is granted on the following conditions:--
1. The land vacated on consequence of the endorsement of the setback line/ road widening line shall form
part of the public street.
2. That no new building or part thereof shall be occupied or allowed to be occupied or used or permitted to
be used by any person until occupancy permission has been granted.
3. The Commencement Certificate/Development permission shall remain valid for one year commencing
from the date of its issue.
4. This permission does not entitle you to develop land which does not vest in you.
5. This Commencement Certificate is renewable every year but such extended period shall be in no case
exceed three years provided further that such lapse shall not bar any subsequent application for fresh
permission under section 44 of the Maharashtra Regional and Town Planning Act, 1966.
6. This Certificate is liable to be revoked by the Municipal Commissioner for Greater Mumbai if :-
a. The Development work in respect of which permission is granted under this certificate is not
carried out or the use thereof is not in accordance with the sanctioned plans.
b. Any of the conditions subject to which the same is granted or any of the restrictions imposed by
the Municipal Commissioner for Greater Mumbai is contravened or not complied with.
c. The Municipal Commissioner of Greater Mumbai is satisfied that the same is obtained by the
applicant through fraud or misrepresentation and the applicant and every person deriving title through
or under him in such an event shall be deemed to have carried out the development work in
contravention of Section 43 or 45 of the Maharashtra Regional and Town Planning Act, 1966.
7. The conditions of this certificate shall be binding not only on the applicant but on his heirs, executors,
assignees, administrators and successors and every person deriving title through or under him.
The Municipal Commissioner has appointed Shri. JAGANNATH SHRIRAM GAVHANE Assistant Engineer
to exercise his powers and functions of the Planning Authority under Section 45 of the said Act.
This CC is valid upto 4/3/2025
Issue On : 05 Mar 2024 Valid Upto : 04 Mar 2025
Application Number : P-12775/2022/(282 And Other)/R/C
Ward/BORIVALI-R/C/CC/1/New
Remark :
This C.C. is granted for work upto plinth level only, as per approved amended plans dated 14.12.2023.
Approved By
Exe.Engr.(BP)WS-II R-1
Executive Engineer
Issue On : 28 Nov 2024 Valid Upto : 27 Nov 2025
Application Number : P-12775/2022/(282 And Other)/R/C
Ward/BORIVALI-R/C/FCC/1/New
Remark :
This CC is granted and Further extended for proposed residential Building No. 1 comprising of Basement + (pt.)
Ground floor (pt.) +Stilt floor (pt.) + 1st to 8th podium + 9th to 18th + 19th (pt.) upper floors (restricting Flat No. 6
of 19th upper floor) as per approved amended plans dated 14.12.2023
Approved By
SWAPNIL B. PATIL AE BP R-II
Assistant Engineer (BP)
Issue On : 18 Mar 2025 Valid Upto : 17 Mar 2026
Application Number : P-12775/2022/(282 And Other)/R/C
Ward/BORIVALI-R/C/FCC/1/Amend
Remark :
This C.C. is granted and further extended for proposed residential building No. 1 comprises of Basement + (pt.)
Ground floor + (pt.) Stilt floor + 1st to + 8th podiums + 9th to 33rd & 34th (pt) upper floors by (restricting CC of
Flat No. 2 of 34th (pt) as per approved amended plans dated 14.02.2025.
Approved By
P-12775/2022/(282 And Other)/R/C Ward/BORIVALI-R/C/FCC/2/Amend
Page 2 of 3On 20-Jul-2026
SWAPNIL B. PATIL AE BP R-II
Assistant Engineer (BP)
Issue On : 20 Jul 2026 Valid Upto : 04 Mar 2027
Application Number : P-12775/2022/(282 And Other)/R/C
Ward/BORIVALI-R/C/FCC/2/Amend
Remark :
This C.C. is granted and further extended for proposed residential building No. 1 comprises of Basement + (pt.)
Ground floor + (pt.) Stilt floor + 1st to 8th podium + 9th to 37th upper floors for Residential user + LMR + OHT +
Dome as per approved amended plans dated 01.12.2025.
Digitally signed by JAGANNATH GAVHANE
Date: 20 Jul 2026 20:30:50
Organization :Brihanmumbai Municipal Corporation
Designation :Assistant Engineer (BP)
Authority_Sign
For and on behalf of Local Authority
Brihanmumbai Municipal Corporation
Cc to : Assistant Engineer . Building Proposal
1. Architect.
2. Collector Mumbai Suburban /Mumbai District. Western Suburb II R/C Ward Ward
P-12775/2022/(282 And Other)/R/C Ward/BORIVALI-R/C/FCC/2/Amend
Page 3 of 3On 20-Jul-2026