
Acquisitions30 March 2026 at 11:24 am
AGI Infra Ltd Extends Payment Period for 60% Stake in Worldnext Realty LLP
AI Summary
AGI Infra Ltd, a construction and real estate development company, has approved an extension of the payment period for its 60% stake in Worldnext Realty LLP. The original payment deadline of March 31, 2026, has been extended to December 31, 2026. The LLP, incorporated in 2021, is in the business of constructing group housing projects, houses, and bungalows. The acquisition is aimed at expanding AGI Infra's business. The LLP's revenue for the fiscal years 2023, 2024, and 2025 are 11,50,41,000/-, 4,83,470/-, and 3,21,42,054/- respectively. The cost of acquisition is Rs. 30,00,00,000/-.
Key Highlights
- AGI Infra Ltd extends payment period for 60% stake in Worldnext Realty LLP
- Original payment deadline extended from March 31, 2026 to December 31, 2026
- Worldnext Realty LLP incorporated in 2021, in the business of constructing group housing projects
- Acquisition aimed at expanding AGI Infra's business
- Cost of acquisition: Rs. 30,00,00,000/-