Sri Lotus Developers and Realty Merger & Restructuring Worth ₹0.48 Cr
Sri Lotus Developers completed acquiring shares in three wholly owned subsidiaries for Rs. 0.481 Crore. This restructuring consolidates its group structure.
- Value
- ₹0.48 Cr
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Sri Lotus Developers completed acquiring shares in three wholly owned subsidiaries for Rs. 0.481 Crore. This restructuring consolidates its group structure.
Sri Lotus Developers will acquire 100% of Prasati Projects for ₹0.96 Crore. This acquisition expands the company's real estate footprint and business operations.
Sri Lotus Developers will acquire 100% of Dhiti Projects for Rs 2.96 Crore. This acquisition expands the company's real estate footprint through a new wholly-owned subsidiary.
Sri Lotus Developers is acquiring 100% of Veera Desai Projects for Rs. 0.99 Crore. This cash acquisition aims to expand the company's real estate business footprint.
Sri Lotus Developers and Realty Limited completed a ₹0.10 Crore investment in its new wholly-owned subsidiary, Sri Lotus Grand Abodes Private Limited. The transaction represents the initial subscription to the subsidiary's share capital following its incorporation on March 18, 2026.
Sri Lotus Developers and Realty Limited completed a ₹0.1 Crore investment in its new wholly-owned subsidiary, Sri Lotus Imperial Projects Private Limited. This initial subscription follows the subsidiary's incorporation on March 14, 2026, to expand business operations.
Sri Lotus Developers and Realty Limited completed a ₹0.10 Crore investment in its new wholly-owned subsidiary, Sri Lotus Legacy Realty Private Limited. The investment was made via initial subscription to share capital on April 04, 2026. This follows the subsidiary's incorporation in March 2026 as part of the company's real estate expansion strategy.
Sri Lotus Developers and Realty Ltd has invested ₹0.50 Crore to establish five new wholly-owned subsidiaries focused on real estate development. Each entity was incorporated with a paid-up capital of ₹10 Lakhs. This strategic move aims to expand the company's operational footprint in the residential and commercial property sectors.