Anant Raj Limited has informed the Exchange regarding Outcome of Committee Meeting held on April 27, 2026.

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AI summary

Anant Raj Limited's Finance and Investment Committee has approved the incorporation of a new Wholly Owned Subsidiary named 'Anant Raj Cloud Singapore Pte. Ltd.' in Singapore. The new entity will engage in Data Center, Co-location and Cloud Services, including artificial intelligence (AI) services. Anant Raj Limited will hold 100% shareholding in the subsidiary. The initial subscription will be 1,000 shares at SGD 1 each, totaling SGD 1,000 in share capital, with plans to increase capital after incorporation. This marks Anant Raj's entry into the cloud and AI services sector from its traditional real estate business.

Likely market impact

This strategic move diversifies Anant Raj's business beyond real estate into technology services, potentially opening new revenue streams. The small initial investment suggests a cautious expansion, with scope for future capital infusion.