Partnership16 Sept 2026, 06:40 pm
Prabhatam Infra Venture partners with Swastik Agro Fresh LLP for ₹3.16 Cr
AI Summary
Prabhatam Infra Venture Limited's Board of Directors has approved the company's admission as a Body Corporate Partner in Swastik Agro Fresh LLP. The capital contribution is ₹3,16,21,000, representing 63.24% of the LLP's total capital. Swastik Agro Fresh LLP is involved in real estate development, including land acquisition, construction, and leasing. This move aligns with Prabhatam Infra Venture's business objectives to participate in real estate development.
Key Highlights
- Company admitted as Body Corporate Partner in Swastik Agro Fresh LLP.
- Capital contribution of ₹3,16,21,000, securing 63.24% stake.
- LLP focuses on real estate development and allied activities.
- Nominee director appointed to represent the company in the LLP.
- Strategic move to participate in real estate development sector.
Price Impact
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