
Investment13 May 2026, 07:51 pm
Thrive Future Habitats Invests in Subsidiary 1908 E-Ventures
AI Summary
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. The acquisition includes shares from related parties, with the transaction conducted on an arm's length basis. 1908 E-Ventures Private Limited's turnover was Nil and Net Loss was ₹(252.42) lakhs as of March 31, 2025. Post acquisition, Thrive Future Habitats aims to make 1908 EVPL a wholly owned subsidiary.
Key Highlights
- Thrive Future Habitats acquires 30.31% stake in 1908 E-Ventures Private Limited.
- Acquisition includes shares from related parties on an arm's length basis.
- 1908 E-Ventures Private Limited reported a Net Loss of ₹252.42 lakhs as of March 31, 2025.
- Thrive Future Habitats intends to make 1908 EVPL a wholly owned subsidiary.
Price Impact
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