Announcement under Regulation 30 (LODR)- Acquisition.
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B-Right Realestate's material subsidiary, B-Right Realestate Ventures LLP, has increased its stake in B-Right Purple Realtors Private Limited from 70% to 85%, acquiring an additional 15% for a cash consideration of Rs. 15,000 on August 5, 2025. The target company is a Mumbai-based real estate entity incorporated in January 2024 with no revenue in FY24-25, a small loss of Rs. 6,700, and a net worth of just Rs. 93,300. The transaction is not a related party deal, required no regulatory approvals, and was done to strengthen management and operational control over the subsidiary. Given the tiny size of the target, the acquisition is more about consolidating control in the group structure than adding meaningful business value.
Minimal financial impact for shareholders given the negligible acquisition cost and the target's near-zero revenue base; the move mainly tightens the company's grip on a small group entity with no immediate earnings implications.