SHRADHANSESHRADHA REALTY LIMITEDMediumNeutral
Announced Fri, 24 Jul · 18:33 IST

Shradha Realty step-down subsidiary to acquire Nagpur property for about Rs 17.86 crore

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shradha Realty step-down subsidiary Raghukul Shradha Realty LLP has signed an Agreement to Sell to buy a leasehold plot and existing residential structure in Shivaji Nagar, Nagpur. Total deal value is Rs 17.85 crore, excluding stamp duty and registration charges. The acquisition is for real estate development. Sellers are not related to the promoter group, and the deal is not a related party transaction.

Likely market impact

Property buy of about Rs 17.86 crore for real estate development; arm's length deal, in line with business plan.