Ajmera Realty divests 36% stake in associate Ultra Tech Property Developers

AJMERA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.6%1-day move

₹134.50

prior close

₹132.20

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.6+1.7+2.3+2.7+0.6+0.8-3.5-6.0-3.4-7.4————

Up moveDown movePending

AI summary

Ajmera Realty and Infra India sold its entire 36 percent stake in associate company Ultra Tech Property Developers for about Rs 1.73 crores to Bloom Hotels and Living Private Limited via a Share Purchase Agreement dated 10 July 2026. The associate contributed 0 percent of consolidated revenue and 0.06 percent of consolidated net worth in FY26. Ultra Tech has ceased to be an associate company from the same date. The buyer is unrelated to the promoter group and it is not a related party deal.

Likely market impact

Small divestment as the associate contributed almost nothing to revenue and net worth; minimal impact on financials or shareholder value.