StockWatch
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Acquisitions5 Oct 2026, 07:10 pm

DS Kulkarni acquires 100% stake in Westpole Spaces for ₹10,000

AI Summary

DS Kulkarni Developers Limited (DSKDL) announced the acquisition of 100% of the equity share capital of Westpole Spaces Private Limited on October 05, 2026. This makes Westpole Spaces a Wholly Owned Subsidiary of DSKDL. Westpole Spaces, incorporated on April 19, 2026, is a real estate company with a paid-up capital of ₹10,000 and NIL turnover, having not yet commenced business operations. The acquisition was for a cash consideration of ₹10,000. DSKDL stated that the acquisition is not a related party transaction and requires no governmental or regulatory approvals. The move is intended for business expansion and growth, aligning the objects of both companies.

Key Highlights

  • DS Kulkarni acquired 100% equity in Westpole Spaces Private Limited.
  • Westpole Spaces is now a Wholly Owned Subsidiary of the company.
  • The acquisition was completed for a cash consideration of ₹10,000.
  • Westpole Spaces is a newly incorporated real estate entity with NIL turnover.
  • The acquisition aims for business expansion and growth.