Royal Sandur MedTech leases 6.2 acres at Andhra Pradesh MedTech Zone, Visakhapatnam for medical devices unit
SMIORE's wholly owned subsidiary Royal Sandur MedTech executed a lease deed on 19 October 2026 with Andhra Pradesh MedTech Zone Ltd for 6.2 acres at Visakhapatnam to set up a medical devices unit.
By ScoutQuest · · 1 min read
- Lease Area
- 6.2 acres at Visakhapatnam
- Lease Execution Date
- 19 October 2026
- Lease Term Right
- exclusive right to convert the leasehold rights into freehold ownership after 10 years from the date of commissioning of business
- Release
- Launch / capacity
🎯 The company says securing this land is the first concrete step in its foray into the medical devices and consumables business under its diversification strategy.
🏭 The lease deed was executed on 19 October 2026 with Andhra Pradesh MedTech Zone Limited and carries an exclusive right to convert the leasehold rights into freehold ownership after 10 years from the date of commissioning of business.
📌 Royal Sandur MedTech has also taken office space at World Trade Center AMTZ, and the company says further details on capital expenditure plans and project timelines will be announced in due course.
Also from Sandur Manganese & Iron Ores
Sandur Manganese incorporates wholly owned subsidiary Royal Sandur MedTech with Rs.1 crore equity subscription
26 Sep 2026
More numbers
- Land leased at AMTZ6.2 acres
- Land area, AMTZ leaseabout 25,090 square metres
- Lease tenure, AMTZ land33 years
- Period after commissioning to convert to freehold10 years
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