Savera Industries Ltd

🏋️‍♂️ Savera Industries Expands into Fitness Studio Business with '02 Health Studio'

• Board approved entry into fitness studio business under '02 Health Studio' brand

• Signed 5-year building lease at ₹12 lakhs annual rent with 5% annual increase

• ₹6 lakhs interest-free security deposit for building

• ₹1.80 lakhs equipment leasing cost

• Transaction conducted at arm's length with related parties

• Expected to improve company turnover and profits through business expansion