30-Sept-2026 19:42:39

SHRIRAMPPSAcquisition and merger

SHRIRAM PROPERTIES LIMITED : ACQUIRES ONGOING JOINT VENTURE SHARES

• Shriram Properties Limited has signed definitive documents to acquire equity shares from partners in ongoing joint ventures: Shrivision Towers Private Limited, SPL Towers Private Limited, Shriprop Living Space Private Limited and Shriprop Hitech City Private Limited. • The acquisition is strategic and for business reasons. • Indicative completion period for all acquisitions is September 30, 2026. • Shrivision Towers P.L. turnover FY26: ₹1,621.30 Lakh. Cost: ₹2,200 Lakhs. Acquired: 49%. • SPL Towers P.L. turnover FY26: ₹35,639.63 Lakh. Cost: ₹0.50 Lakhs. Acquired: 49%. • Shriprop Living Space P.L. turnover FY26: ₹25,980.11 Lakh. Cost: ₹1,499.40 Lakhs. Acquired: 49%. • Shriprop Hitech City P.L. turnover FY26: Nil. Cost: ₹0.10 Lakhs. Acquired: 50%.

Shriram Properties Ltd

Open attachment

← Back to feed