Announced Thu, 13 Aug · 16:46 IST
Acquires 100% of Tattva and Mittal Developers for Rs 1 lakh
Price
▲ 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
+0.4%1-day move
₹903.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.4-0.3-4.8+0.2+4.1—————
Up moveDown movePending
AI summary
B-Right Realestate has acquired 100 percent equity of Tattva and Mittal Developers Private Limited through a Share Purchase Agreement for Rs 1 lakh in cash. The target is a Mumbai-based real estate firm with nil turnover and negative net worth of about Rs 2.37 lakh in FY24. Purpose is to take over a real estate project at Kachpada, Malad West, Mumbai for better operational control. Deal is not a related party transaction and is effective August 13, 2026.
Likely market impact
Small tuck-in acquisition to gain control of a Mumbai real estate project. Minimal financial impact given the very low deal value of Rs 1 lakh.