Shraddha Prime Projects Acquires Major Stake in Shraddha Apex and Shraddha Housing, Plans Further Investment in Shraddha Landmark

Shraddha Prime Projects Ltd has agreed to acquire 98% partnership interest in Shraddha Apex LLP and Shraddha Housing Projects LLP, and up to 51% equity shares in Shraddha Landmark Private Limited. The acquisitions are aimed at increasing the company's footprint in the real estate market and consolidating its assets. The transactions are considered related party transactions and will be undertaken at arm's length. The company will obtain necessary approvals, including from its shareholders, and will undertake customary due diligence. The acquisitions are expected to be completed by March 31, 2026.