02-Nov-2026 13:24:02

KALPATARUAcquisition and merger

KALPATARU: INDIA STEP-DOWN SUBSIDIARY ACQUIRES 100% EQUITY SHARES OF AGILE REAL ESTATE AND AGILE REAL ESTATE DEV

• WOS Kalpataru Properties Ltd (KPL) approved acquiring 8,00,83,333 equity shares (16.67%) of Agile Real Estate (AREPL) and 12,284 equity shares (16.67%) of Agile Real Estate Dev (AREDPL) • Cash consideration of ₹52.05 Cr for AREPL stake and ₹49.14 L for AREDPL stake • Post acquisition, AREPL and AREDPL become wholly owned subsidiaries of KPL and step-down WOS of the company • Both entities develop the Kalpataru Parkcity project at Thane, featuring ~25 acres of operational grand central park with residential, retail and commercial use • AREPL FY26 turnover ₹410.90 Cr (₹604.82 Cr in FY25); AREDPL had nil revenue in FY26 • Acquisition to be completed within 60 days, subject to requisite approvals

Kalpataru Ltd

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