
Acquisitions21 Jan 2026, 01:13 pm
Balgopal Commercial Ltd Acquires 100% Shareholding of Dreamax Estates Pvt Ltd for Rs 1,00,000 and Rs 9.51 Crores Land Value
AI Summary
Balgopal Commercial Ltd has approved the acquisition of 100% shareholding of Dreamax Estates Private Limited (DEPL) for a total consideration of Rs 1,00,000 and Rs 9.51 crores towards the land value. DEPL, a company incorporated in 2024, is engaged in the business of builder & landowner and holds land aggregating to approximately 4.23 acres in Pune. The acquisition is expected to support business expansion, improve project pipeline, and create long-term value.
Key Highlights
- Balgopal Commercial Ltd acquires 100% shareholding of Dreamax Estates Pvt Ltd
- Total consideration of Rs 1,00,000 and Rs 9.51 crores towards the land value
- DEPL is a builder & landowner company incorporated in 2024
- DEPL holds land aggregating to approximately 4.23 acres in Pune
- Acquisition expected to support business expansion and create long-term value