ReferIndia News Savera Industries Board Approves Fitness Studio Expansion with Related Party Deals

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Savera Industries Board Approves Fitness Studio Expansion with Related Party Deals

Published on: April 20, 2026, 1:10 a.m. | Source: scanx.trade

Savera Industries Limited successfully concluded its board meeting on April 18, 2026, approving entry into the fitness studio business through related party transactions. The company will lease property from M/s. Shyam Investments and equipment from M/s. Ruchi Agro Products Pvt Ltd for INR 12.00 lakhs annual rent plus INR 1.80 lakhs equipment leasing to establish O2 Health Studio brand in Chennai.

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