Ajmera Realty & Infra India has scheduled a board meeting for September 10, 2026, to consider fundraising through Non-Convertible Debentures (NCDs). The company issued the intimation on September 4, 2026.

Proposed NCD fundraising

The Board of Directors will deliberate on the fund-raising proposal inter alia. NCDs are fixed-income debt instruments that cannot be converted into equity shares, commonly used by companies to raise capital from the debt market. This action follows Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key details

No further details regarding the quantum of funds to be raised, coupon rate, tenor, or credit rating have been disclosed at this stage. Additional information is expected to emerge following the outcome of the meeting.

Ajmera Realty & Infra India Ltd has acquired a 51% stake in Ajmera MD Realty LLP, making the entity a step-down subsidiary. The acquisition was completed on September 1, 2026, via its wholly owned subsidiary, Shree Yogi Realcon Private Limited (SYRPL).

The transaction involved a cash consideration of ₹51,000. This amount represents SYRPL’s share of the total capital contribution to the limited liability partnership. By securing a majority interest, Ajmera Realty aims to create a platform for future business expansion within the real estate sector, aligning with its long-term growth strategy.

Transaction Details

The acquisition falls under the category of a related-party transaction, as members of the promoter group serve as designated partners or partners in the LLP. The company disclosed that the deal was executed at arm's length. No governmental or regulatory approvals were required for this acquisition.

Financial Profile of Target

Ajmera MD Realty LLP is engaged in real estate business and was incorporated on October 7, 2016. The entity reported nil turnover as on March 31, 2026, and has recorded nil turnover for the preceding three years. The total contribution capital of the LLP stands at ₹1,00,000.

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, read with relevant SEBI Master Circulars dated November 11, 2024, and January 30, 2026.