Subsidiary2 Jul 2026, 10:56 am
Bagmane REIT Subsidiary Becomes Private Limited Company
AI Summary
Bagmane Prime Office REIT has announced a significant corporate restructuring: Bagmane Green Power LLP, a Special Purpose Vehicle (SPV) of the REIT, has been converted into a private limited company named Bagmane Green Power Private Limited. This change is effective from July 01, 2026. The disclosure aligns with the REIT's Offer Documents and the SEBI (REITs) Regulations, 2014, indicating a formalization of the SPV's structure.
Key Highlights
- Bagmane Green Power LLP converted to Bagmane Green Power Private Limited.
- Effective date of conversion is July 01, 2026.
- This is a Special Purpose Vehicle of Bagmane Prime Office REIT.
- Disclosure made as per SEBI (REITs) Regulations, 2014.
Price Impact
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