Acquisitions3 Dec 2025, 01:10 pm
Rap Corp Ltd. to Acquire 49.90% Stake in Platinumcorp Value Sheltors Private Limited for INR 99,600
AI Summary
Rap Corp Ltd. has approved the acquisition of 49.90% stake in Platinumcorp Value Sheltors Private Limited (PVSPL) for a consideration of INR 99,600. PVSPL is engaged in the business of real estate and property development. The acquisition is expected to be completed within 30 to 45 days. The turnover of PVSPL for the financial year 2024-25 was INR NIL. PVSPL holds stock-in-trade of approximately INR 4.03 crores as of March 31, 2025. PVSPL conducts its business only in India.
Key Highlights
- Rap Corp Ltd. to acquire 49.90% stake in PVSPL
- Consideration for the acquisition is INR 99,600
- PVSPL is engaged in real estate and property development
- Expected completion of the acquisition within 30 to 45 days
- PVSPL's turnover for FY 2024-25 was INR NIL, holds stock-in-trade of approximately INR 4.03 crores as of March 31, 2025