Shradha Infraprojects Limited has informed the Exchange about General Updates regarding Proposed Acquisition of Property by Step down Subsidiary Solus Ventures LLP at the consideration payable of Rs. 27.00 crores
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Shradha Infraprojects Limited has informed the exchange that its step-down subsidiary, Solus Ventures LLP (under listed subsidiary Active Infrastructures Limited), is proposing to acquire a commercial property in Pune's Yerwada area. The total consideration is Rs. 27 crores, payable to vendor Sarthak Electromech Private Limited. The property includes a 916 sq meter land parcel along with a built-up structure of about 38,550 sq ft carpet area (55,898 sq ft salable area) comprising 2-level basement parking and 10 upper floors, including lifts, solar plant, DG backup, CCTV, and fire-safety systems. A term sheet was signed on July 1, 2025, and the transaction is described as being for business expansion, with no related-party involvement. Final purchase is subject to satisfactory due diligence and regulatory clearances.
This is a routine business-expansion move through the subsidiary chain, not involving related parties. For shareholders, it signals modest real-estate portfolio expansion of around Rs. 27 crores via the step-down subsidiary; near-term stock impact is likely limited given the small size relative to typical listed-entity transactions and the conditional nature of the deal.