
Acquisitions1 Sept 2026, 03:03 pm
Welspun Investments Acquires 100% Stake in Vishwakarma Realty for ₹4.62 Lakhs
AI Summary
Welspun Investments and Commercials Ltd announced its Board of Directors has approved the acquisition of 100% equity stake in Vishwakarma Realty Private Limited (VRPL) for a consideration of INR 4,62,256. VRPL, with a paid-up capital of Rs. 5,00,000 and net worth of Rs. 4,75,795 as of March 31, 2026, had a turnover of Rs. Nil for FY 2025-26 and is yet to commence business. The acquisition, classified as a related party transaction but at arm's length, aims to make VRPL a wholly owned subsidiary. VRPL intends to engage in commodity trading and investments. The acquisition is expected to be completed by September 5, 2026.
Key Highlights
- Board approves acquisition of 100% equity in Vishwakarma Realty Private Limited.
- Acquisition cost is INR 4,62,256.
- Vishwakarma Realty will become a wholly owned subsidiary.
- Target entity is in Real Estate, yet to commence business.
- Transaction is a related party deal, conducted at arm's length.
Price Impact
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