Active Infrastructures Subsidiary Forms Real Estate JV LLP
Active Infrastructures Limited's subsidiary Achievers Ventures Private Limited incorporated Raghukul Shraddha Realty LLP on May 18, 2026, as a joint venture with Raghukul Construction Private Limited. The JV focuses on real estate with Achievers Ventures holding a 50.50% stake. The new entity is now a step-down subsidiary of Active Infrastructures Limited.
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Active Infrastructures Limited has disclosed the incorporation of a new Limited Liability Partnership (LLP) by its subsidiary, Achievers Ventures Private Limited. The entity, named Raghukul Shraddha Realty LLP, was established on May 18, 2026, in a joint venture with Raghukul Construction Private Limited. The intimation was made to the National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Joint Venture Details
The newly incorporated LLP will operate within the real estate sector. Achievers Ventures Private Limited holds a majority stake in the partnership, contributing 50.50%, while Raghukul Construction Private Limited holds the remaining 49.50%. The LLP Identification Number for the entity is ACY-3779. The company confirmed that this transaction does not qualify as a Related Party Transaction.
Subsidiary Status
Following the incorporation, Raghukul Shraddha Realty LLP has become a subsidiary of Achievers Ventures Private Limited. Consequently, it is classified as a step-down subsidiary of Active Infrastructures Limited. The registered office of Active Infrastructures Limited is located at Riaan Tower, 10th Floor, Mangalwari Road, Sadar Bazar, Nagpur-440001, Maharashtra.
| Particulars | Details |
|---|---|
| Name of LLP | Raghukul Shraddha Realty LLP |
| LLP Identification Number | ACY-3779 |
| Date of Incorporation | 18 May, 2026 |
| Partners | Achievers Ventures Private Limited and Raghukul Construction Private Limited |
| Nature of Entity | Limited Liability Partnership |
| Object of LLP | Real Estate and allied activities |
| Percentage of Participation | 50.50% by Achievers Ventures Private Limited, 49.50% by Raghukul Construction Private Limited |
| Whether Related Party Transaction | No |
| Industry | Real Estate |
What specific real estate projects or developments is Raghukul Shraddha Realty LLP expected to undertake, and which geographic markets will it target?
How might this joint venture with Raghukul Construction impact Active Infrastructures Limited's overall revenue pipeline and earnings over the next 2-3 years?
Could the near-equal ownership split between partners (50.50% vs 49.50%) create governance challenges or decision-making bottlenecks as the LLP scales its operations?
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