In Furtherance to our earlier announcement dated 27.03.2026 made pursuant to SEBI (LODR) Regulation 30, For sale of the Company''s Entire shareholding of 51% in Dreamsoft Bedsheets Private ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Raghuvir Synthetics has completed the sale of its entire 51% stake (51,000 equity shares) in subsidiary Dreamsoft Bedsheets Private Limited to promoters Yash Sunil Agarwal and Hardik Sunil Agarwal at Rs. 1 per share, for a total consideration of Rs. 51,000. The deal was approved on March 27, 2026 and completed on March 30, 2026. As a result, Dreamsoft Bedsheets has ceased to be a subsidiary of the company. The transaction is a related party deal (buyers are promoters) but is stated to be at arm's length. Dreamsoft contributed Rs. 5,000 in income and a negative net worth of Rs. 17.1 lakh as on March 31, 2025, making it financially insignificant at 0.00% of the listed entity's turnover.
Minimal financial impact for shareholders — the subsidiary contributed virtually nothing to the company's income and had negative net worth. However, the transfer to promoter family members at Rs. 1 per share is a related party transaction and may raise governance questions, though management says it was done at arm's length.