Thrive Future Habitats Invests in Subsidiary 1908 E-Ventures

Thrive Future Habitats Ltd has invested in its subsidiary, 1908 E-Ventures Private Limited, acquiring 18,24,907 equity shares representing 30.31% of the paid-up share capital. As of now, 7,61,160 equity shares (12.65%) have been credited to the company's demat account from Vimla A Lalvani, J B Advani and Company Pvt Limited, and Deep Ashda Lalvani. The total consideration for the acquisition is ₹18,249.07. The acquisition aims to make 1908 EVPL a wholly-owned subsidiary, enhancing management control and business growth.