Announced Fri, 6 Nov, 2026 · 16:15 IST
Board approves purchases of 75.87%, 25% and 94% stakes in three firms
SHRADDHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
The board approved cash purchases of 75.87% of Shree Aadikaveer Realtors for Rs 75,870, 25% of Shraddha Yog Lifespaces for Rs 25,000, and 94% of Has Lifespaces for up to Rs 94,000. All three real estate firms have nil turnover and will become one associate and two subsidiaries. The promoter is linked to each deal, stated at arm's length. No government approval is needed; completion is targeted by November or December 2026.
Likely market impact
The deals may support future growth, but low consideration and nil turnover limit immediate earnings impact. Promoter-linked deals attract scrutiny.