Acquisitions1 Sept 2025, 04:41 pm
RDB Real Estate Constructions Acquires 95% Stake in RDB Raipur Hotels for Rs. 95,000
AI Summary
RDB Real Estate Constructions Ltd. has acquired 95% equity share of RDB Raipur Hotels Private Limited for a total investment of Rs. 95,000, making the latter a subsidiary of the former. This acquisition is aimed at expanding the company's business in the hospitality and real estate sector.
Key Highlights
- RDB Real Estate Constructions Ltd. has acquired 95% equity share of RDB Raipur Hotels Private Limited
- The total investment for the acquisition is Rs. 95,000
- RDB Raipur Hotels Private Limited has become a subsidiary of RDB Real Estate Constructions Ltd.
- The acquisition is aimed at expanding the company's business in the hospitality and real estate sector
- RDB Raipur Hotels Private Limited was incorporated on 18th June, 2025 and is based in India