Acquisitions29 Jan 2026, 07:22 pm
B-Right Realestate Ltd Acquires 89.99% Stake in Danchi Developers LLP for Rs. 181 Crores
AI Summary
B-Right Realestate Ltd has announced the acquisition of 89.99% stake in Danchi Developers LLP, a Limited Liability Partnership incorporated on 30th September 2024. The project, with a land area of 4,256.7 Sq. Mtr., is expected to yield a total sales area of 1,39,030 Sq. Ft., with a gross development value of Rs. 181 Crores. The definitive LLP Agreement was executed on 29th January 2026. Danchi Developers LLP, post-acquisition, will be a step-down subsidiary of B-Right Realestate Ltd. The acquisition is not a related party transaction and does not involve any promoter/promoter group/group companies' interest. The cost of acquisition is Rs. 89,990/-.
Key Highlights
- B-Right Realestate Ltd acquires 89.99% stake in Danchi Developers LLP
- The project is expected to yield a total sales area of 1,39,030 Sq. Ft.
- The gross development value of the project is Rs. 181 Crores
- Danchi Developers LLP becomes a step-down subsidiary of B-Right Realestate Ltd post-acquisition
- The definitive LLP Agreement was executed on 29th January 2026
- The cost of acquisition is Rs. 89,990/