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Savera Industries Board Approves Fitness Studio Expansion with Related Party Deals

Savera Industries Board Approves Fitness Studio Expansion with Related Party Deals

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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