Date: 24th July, 2026
Disinvestment / Strategic Actions
Raghukul Shradha Realty LLP, a step-down subsidiary of Shradha Realty Limited through Active Infrastructures Limited (subsidiary) and Achievers Ventures Private Limited (wholly owned subsidiary of Active Infrastructures Limited), has executed an Agreement to Sell for acquisition of an immovable property.
Property Details: Nagpur Improvement Trust Leasehold Plot No. 25, Civil Station Expansion Scheme, Mashruwala Marg, Cement Road, Shivaji Nagar, Nagpur – 440010, along with the existing residential structure standing thereon.
Total Consideration: ₹17,85,60,000/- (Rupees Seventeen Crore Eighty Five Lakh Sixty Thousand Only), exclusive of applicable stamp duty, registration charges and other incidental expenses.
Purpose: The acquisition is in line with the business objectives of the LLP for undertaking real estate development activities.
Completion Timeline: The acquisition is expected to be completed upon fulfilment of the terms and conditions stipulated under the Agreement to Sell and execution of necessary transfer/conveyance documents.
Parties Involved:
- Sellers/Vendors: Shri Udayan Govindrao Shrouti, Smt. Anita Udayan Shrouti, Shri Chidanand Udayan Shrouti, Kumari Abhipsa Udayan Shrouti
- Purchaser: Raghukul Shradha Realty LLP
Relationship Status: The transaction does not fall within the ambit of Related Party Transaction under the applicable provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.
Additional Terms: The consideration shall be paid as per the terms agreed between the parties. Completion is subject to fulfilment of customary terms and conditions and execution of necessary documents. No nominee arrangement or potential conflict of interest arises from this agreement.
Not Specified Sections
No material disclosures under the following sections: KMP / Board / Auditor Changes, Dividend Declaration, Board Meeting Outcomes, Financial Results, Auditor's Report, Media Release / Investor Communication.