Spectrum Foods (BOM:531982) signed two significant memorandums of understanding with the state government of Rajasthan, India to establish two new hospitality projects, according to a Tuesday filing to the stock exchanges.
The company plans to set up a five-star resort at Ajmer with an investment of 1.40 billion Indian rupees, and is expected to start operations in 2025.
The other five-star resort will be set up in Pali with an estimated investment of 800 million rupees to be operational by 2026.
Shares of the company surged 15% in recent trade.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。