Crest Ventures Incorporates Two Step-Down Subsidiaries

Crest Ventures Ltd (CVL) has announced the incorporation of two step-down wholly owned subsidiaries (WOS) through its existing WOS, Crest EZY Living Private Limited. The new entities, EZY Living Nest Private Limited and EZY Living Spaces Private Limited, were incorporated on August 17, 2026, and August 18, 2026, respectively. Each has an authorized capital of INR 15,00,000 and a subscribed capital of INR 10,00,000. These subsidiaries are established to undertake real estate development and allied activities, including acquisition, development, and leasing of residential and commercial assets, aligning with CVL's existing real estate business. The incorporation does not involve related party transactions, and the promoter/promoter group/group companies have no interest in these new entities.