Business Update14 Feb 2024, 12:34 am
Newtime Infrastructure Limited to Acquire 97.5% Stake in Aerthaa Luxury Homes Private Limited
AI Summary
Newtime Infrastructure Limited has signed a Share Purchase Agreement with shareholders of Aerthaa Luxury Homes Private Limited to acquire 97.5% voting rights in the company, making Aerthaa a subsidiary of Newtime.,
Key Highlights
- Acquisition of 97.5% stake in Aerthaa Luxury Homes Private Limited
- Newtime Infrastructure Limited to become subsidiary of Aerthaa
- Rs. 20,00,000/-(Rupees Twenty Lakhs only) consideration