Board Meeting Details

The Board meeting of D S Kulkarni Developers Limited was held on Tuesday, July 7, 2026. The meeting commenced at 05:30 PM and concluded at 06:00 PM.

Acquisition of Moonbrick Realty Private Limited

The Board approved entering into a Share Purchase Agreement (SPA) for acquisition of 100% equity stakes of M/s. Moonbrick Realty Private Limited ("Moonbrick"), making it a wholly owned subsidiary of DS Kulkarni Developers Limited.

Details of the acquisition:

  • Target Company: Moonbrick Realty Private Limited
  • Paid-up Capital: ₹10,000
  • Turnover: NIL
  • Industry: Real Estate
  • Transaction Type: Related party transaction on an arm's length basis
  • Promoter Interest: Promoter group and group companies do not have any interest in Moonbrick, though there are common promoters
  • Object: Business expansion and growth as the object of both companies aligns
  • Impact: Moonbrick will become a wholly owned subsidiary of DS Kulkarni Developers Limited
  • Government Approvals: No governmental or regulatory approvals required
  • Time Period: 1 week for completion
  • Consideration: Nil consideration (Moonbrick is a newly incorporated entity with no business operations)
  • Cost of Acquisition: Nil
  • Shareholding Acquired: 100%
  • Incorporation Date: February 19, 2026
  • Business Status: Has not commenced business operations
  • Address: 36/1/1, Office No. 701, 7th Floor Chordia Gaon, Baner, Haveli, Pune, Maharashtra, India, 411045
  • Country: India
  • Historical Turnover: NA for last 3 years

Appointment of Company Secretary & Compliance Officer

The Board approved the appointment of CS Rishika Verma (Membership No.: A66507) as the Company Secretary & Compliance Officer of the Company effective July 7, 2026.

Details of the appointment:

  • Reason for Change: Appointment
  • Date of Appointment: July 7, 2026
  • Profile: CS Rishika Verma is a member of Institute of Company Secretaries of India with 5 years of post-qualification experience as a company secretary & compliance officer of listed companies. Her expertise spans across Securities Laws, Companies Act, and other Corporate Laws.
  • Director Relationships: Not Applicable