Merger14 May 2026, 08:21 pm
Transindia Real Estate: Merger of Subsidiaries Approved
AI Summary
Transindia Real Estate Ltd's board approved the merger of its wholly-owned subsidiaries, including Avvashya Inland Park Private Limited, Dankuni Industrial Parks Private Limited, Avvashya Projects Private Limited, Bhiwandi Multimodal Private Limited, and Hoskote Warehousing Private Limited, with Transindia Real Estate Limited. The board also approved the acquisition of 7,00,000 Class A Equity Shares of Comptech Solutions Private Limited for ₹24 cr. and re-appointment of Mr. Yogesh Singh as Internal Auditor. Additionally, Mr. Manish Kumar Sinha was appointed as Head - Real Estate.
Key Highlights
- Merger of wholly-owned subsidiaries with Transindia Real Estate approved.
- Acquisition of Comptech Solutions Private Limited shares for ₹24 cr approved.
- Mr. Yogesh Singh re-appointed as Internal Auditor for F.Y. 2026-27.
- Mr. Manish Kumar Sinha appointed as Head - Real Estate.
- Framework Agreement with Vantrock Ventures LLP for project development.