Ritesh Properties & Industries Ltd has informed that the Board has decided to publish the audited results for the year ended March 31, 2008, instead of unaudited results within a period of three months from March 31, 2008.
Recently the company has marked its foray in realty sector by entering into a joint venture agreement with developers Ansal Properties and Infrastructure (API) for developing a premium housing project and a business park in Ludhiana.
The land is located at a prime location on Ludhiana-Chandigarh state highway. The total projected revenue will be about Rs.800 crs.
Ritesh Properties & Industries Ltd
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