Elpro Realty Acquires Quest Academy for ₹186.12 Cr

Elpro Realty Private Limited, a wholly owned subsidiary of Elpro International Limited, has acquired 100% equity shares of Quest Academy Limited for a cash consideration of INR 186.12 Crores. Quest Academy Limited is involved in real estate activities and was incorporated in 1995. The acquisition will make Quest Academy a wholly owned subsidiary of Elpro Realty. The target entity had no revenue from operations in FY 2025-26 and a net worth of ₹2.90 Crores. This move signifies a strategic expansion for Elpro International's real estate arm.