Thrive Future Habitats discloses acquisition of 30.31% stake in subsidiary 1908 E-Ventures for ₹18,249.07.
Transaction involves purchase from 18 transferors including related parties Tushar Balsara and Deep Lalvani.
Acquisition aims to make 1908 EVPL a wholly-owned subsidiary for operational integration and management control.
1908 EVPL reported nil turnover and ₹252.42 lakh net loss for FY2024-25 in e-commerce business.