19-Oct-2026 18:18:57
INDIQUBE : TO INVEST UP TO RS 35 CR IN SAIEDGE REALTY FOR 49% STAKE
• Board approved investment of up to ₹35 crore, in one or more tranches, by subscribing to equity shares and/or convertible securities of SaiEdge Realty • Stake of up to 49% of SaiEdge's share capital on a fully diluted basis; consideration is cash • SaiEdge will undertake development of owned commercial office space; Indiqube intends to lease the developed office space on completion • SaiEdge was incorporated on July 28, 2026 with paid-up capital of ₹1,00,000 and has not commenced operations; no turnover • Not a related party transaction; no promoter, promoter group or KMP interest; SaiEdge becomes a related party post investment • Investment subject to execution of definitive agreements; no governmental or regulatory approval required
Indiqube Spaces Limited
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