Acquisitions9 Jul 2026, 05:40 pm
Transindia Real Estate Completes CSPL Acquisition, Forms Subsidiary
AI Summary
Transindia Real Estate Limited has announced the completion of its acquisition of 7,00,000 Class A Equity Shares of Comptech Solutions Private Limited (CSPL). The acquisition, representing 48.28% shareholding and 100% voting rights in CSPL, was completed for approximately ₹24 crore. Consequently, CSPL has become a subsidiary of Transindia Real Estate Limited, effective July 09, 2026. The company confirmed that all necessary disclosures were made in its previous intimation dated May 14, 2026, and further information will be available on its website.
Key Highlights
- Acquired 48.28% stake in CSPL for approx. ₹24 crore.
- CSPL is now a subsidiary of Transindia Real Estate.
- Acquisition completed with 100% voting rights in CSPL.
- Disclosure requirements met as per SEBI Listing Regulations.
Price Impact
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