Thrive Future Habitats Invests in Subsidiary 1908 E-Ventures

Thrive Future Habitats Ltd has acquired 12.59% equity shares of its subsidiary, 1908 E-Ventures Private Limited, from Srinivas Padmanabha Sapalya. This acquisition is part of a larger plan to acquire 30.31% of 1908 EVPL's paid-up share capital, with the goal of making it a wholly-owned subsidiary. The company has paid ₹7575.78 towards the acquisition of 7,57,578 equity shares from Srinivas Padmanabha Sapalya. 1908 E-Ventures reported a turnover of Nil and a net loss of ₹(252.42) lakhs as of March 31, 2025.