Agi Infra Limited has informed the Exchange about Acquisition
AGIIL · price
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Agi Infra Limited's board has approved extending the payment period for its 60% stake acquisition in M/s Worldnext Realty LLP from March 31, 2026 to December 31, 2026. The total deal value remains Rs. 30 crore, payable in cash through banking channels. Worldnext Realty LLP, incorporated in May 2021 and based in Ludhiana, Punjab, is in the construction and real estate development business, focused on group housing projects, houses and bungalows. The LLP reported revenue of Rs. 3.21 crore in FY25, down sharply from Rs. 11.50 crore in FY23. The acquisition is aimed at expanding Agi Infra's business and is not a related-party transaction.
This is a timeline extension rather than a new commitment, so the deal value and terms are unchanged — shareholders should note the deferred payment gives Agi Infra more cash flexibility. The acquisition gives Agi Infra a 60% controlling stake in a real estate LLP, expanding its footprint in Punjab's housing segment.