Hemisphere Properties India Limited Issuance of Request for Proposal for Land Sale via E-Auction

Hemisphere Properties India Limited has officially announced the issuance of a Request for Proposal (RFP) on February 18, 2026. The RFP pertains to the sale of a specific land parcel located in Bopkhel, Pune, Maharashtra, which will be auctioned via an e-auction process. Interested parties can access the full RFP documentation on both the company’s official website and the designated e-auction portal for further details and submission requirements.

Corporate Disclosure on Asset Sale

Hemisphere Properties India Limited (HPIL), a Government of India Enterprise, has made a material disclosure concerning the divestment of one of its assets. This announcement was formally made on February 18, 2026, and complies with market disclosure requirements.

Details of the Request for Proposal (RFP)

The core of the announcement is the issuance of a Request for Proposal (RFP). This RFP has been initiated specifically for the sale of a land parcel owned by the Company. The physical asset in question is situated at Bopkhel, Pune, Maharashtra.

The final disposal mechanism for this land sale will be through an e-auction process, ensuring a transparent bidding environment for potential buyers.

Accessing Documentation

For the dissemination of information to the public and potential bidders, the Company has made the complete RFP document available through two primary channels:

  • The official website of Hemisphere Properties India Limited: www.hpil.co.in.
  • The designated e-auction portal: https://hpil.enivida.com.

This disclosure serves to inform the Stock Exchanges and the general public regarding the company’s ongoing asset monetization efforts.

Source: BSE

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