Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors at its Meeting held ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Darshan Orna Limited approved the purchase of two commercial properties in Ahmedabad on August 29, 2025. Property 1 is located at Manek Chowk for ₹27 lakh from promoter Arunaben Mahendrakumar Shah, with completion expected within 15 days. Property 2 is located at C.G. Road for ₹55 lakh from promoter group members Ritesh Mahendrabhai Sheth and Mahendrabhai Ramniklal Shah, with completion expected within 3 months. Both purchases are related party transactions, stated to be at arm's length, and are funded entirely through internal accruals. The purpose is business expansion and acquiring an owned office space. Total consideration is ₹82 lakh.
This is a modest, internally-funded capex for office space and expansion. Since both deals are related party transactions, minority shareholders should monitor whether the valuations are genuinely at arm's length. No impact on management control is expected.