Shradha Realty Limited has informed the Exchange about General Updates regarding Incorporation of LLP Raghukul Shradha Realty LLP vide LLP Identification Number: ACY-3779, by Step-down Subsidiary Company.
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Shradha Realty Limited has disclosed the incorporation of Raghukul Shradha Realty LLP, a new joint venture entity, by its step-down subsidiary Achievers Ventures Private Limited. The LLP was incorporated on 18th May 2026 with LLPIN ACY-3779. Achievers Ventures holds a 50.50% stake while Raghukul Construction Private Limited holds 49.50%. The entity is focused on real estate and allied activities. This LLP becomes a second-level step-down subsidiary of Shradha Realty. The transaction is explicitly stated as NOT being a related party transaction.
The incorporation expands Shradha Realty's subsidiary network through a majority-held joint venture in the real estate sector. While the entity is small-scale at this stage, the 50.50% ownership allows the company to consolidate operations. The disclosure is routine and unlikely to have immediate stock price impact.