Delta Corp's Marvel Resorts to Acquire 74% Stake in Easymile Parking and Shanta Infratech

2 min read     Updated on 22 Apr 2026, 03:02 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Marvel Resorts Private Limited, a wholly owned subsidiary of Delta Corp Limited, has announced its decision to acquire 74% equity shares in two companies—Easymile Parking Solutions & Management Private Limited and Shanta Infratech Private Limited. Both acquisitions will be made through cash consideration of ₹2,84,600 each and are classified as strategic investments. The transactions are expected to be completed by 5 May 2026, and neither acquisition falls within related party transactions. Easymile Parking Solutions, incorporated on 9 August 2021, operates in the mechanized parking solutions business with a turnover of ₹71,74,799. Shanta Infratech, incorporated on 1 June 2020, is engaged in construction activities with a turnover of ₹1,38,62,801. Both entities are based in India, with registered offices in Goa.

powered bylight_fuzz_icon
38352776

*this image is generated using AI for illustrative purposes only.

Marvel Resorts Private Limited, a wholly owned subsidiary of delta corp , has announced its decision to acquire 74% equity shares in Easymile Parking Solutions & Management Private Limited and Shanta Infratech Private Limited. The acquisitions, made through cash consideration of ₹2,84,600 each, were disclosed to the stock exchanges on 21 April 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Acquisition Details

Both acquisitions are classified as strategic investments and are not related party transactions. Marvel Resorts will acquire 28,460 equity shares representing 74% stake in each target company. The transactions are expected to be completed by 5 May 2026. No governmental or regulatory approvals are required for these acquisitions.

Target Company Profiles

Easymile Parking Solutions & Management Private Limited

Parameter Details
Authorized Share Capital ₹10,00,000
Paid up Share Capital ₹3,84,620
Turnover ₹71,74,799
Date of Incorporation 9 August 2021
Business Mechanized or Automatic system of Parking
Location India (Registered office in Goa)

The company's turnover over the past three financial years shows the following trend: 2023-24 at ₹62,07,435, 2024-25 at ₹56,28,426, and 2025-26 at ₹71,74,799.

Shanta Infratech Private Limited

Parameter Details
Authorized Share Capital ₹10,00,000
Paid up Share Capital ₹3,84,620
Turnover ₹1,38,62,801
Date of Incorporation 1 June 2020
Business Construction activities
Location India (Registered office in Goa)

Shanta Infratech's turnover history stands at ₹1,56,51,104 for 2023-24, ₹1,44,97,435 for 2024-25, and ₹1,38,62,801 for 2025-26. The company is engaged in developing and constructing residential and commercial complexes for sale, self-use, or rental income.

Post-acquisition, both Easymile Parking Solutions and Shanta Infratech will become subsidiaries of Marvel Resorts Private Limited. The promoter, promoter group, and group companies of Delta Corp do not have any interest in either target entity.

Historical Stock Returns for Delta Corp

1 Day5 Days1 Month6 Months1 Year5 Years
+20.00%+33.05%+51.42%+2.81%-12.47%-47.35%

How will Delta Corp integrate these new business verticals with its existing gaming and hospitality operations to create synergies?

What impact could the declining revenue trends at Shanta Infratech have on Delta Corp's overall financial performance post-acquisition?

Will Delta Corp pursue additional acquisitions in the infrastructure and real estate sectors to scale these new business lines?

Delta Corp Limited Schedules Board Meeting for April 22, 2026 to Consider FY26 Financial Results and Dividend Recommendation

1 min read     Updated on 15 Apr 2026, 07:26 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Delta Corp Limited has scheduled a board meeting for April 22, 2026, to consider audited standalone and consolidated financial statements for FY26 and recommend dividend distribution. The meeting complies with SEBI (LODR) Regulations 2015, with trading window restrictions remaining in effect until 48 hours after results communication to stock exchanges.

powered bylight_fuzz_icon
37806999

*this image is generated using AI for illustrative purposes only.

Delta corp Limited has announced a board meeting to review its annual financial performance and consider dividend distribution for shareholders. The meeting represents a key corporate governance milestone as the company prepares to disclose its financial results for the completed fiscal year.

Board Meeting Details

The company has scheduled its board meeting in accordance with regulatory requirements under SEBI guidelines. The meeting will address multiple critical agenda items related to financial disclosure and shareholder returns.

Parameter: Details
Meeting Date: April 22, 2026
Day: Wednesday
Primary Agenda: Audited Financial Statements for FY26
Additional Consideration: Dividend Recommendation
Regulatory Framework: SEBI (LODR) Regulations 2015

Financial Statements Review

The board will consider and approve audited standalone and consolidated financial statements for the financial year ended March 31, 2026. This comprehensive review will provide stakeholders with detailed insights into the company's financial performance across all business segments and subsidiaries.

The audited statements will undergo thorough examination by the board members before final approval and subsequent communication to stock exchanges and regulatory authorities.

Trading Window Restrictions

In compliance with insider trading regulations, Delta Corp Limited has implemented trading window restrictions around the financial results announcement. The company had previously communicated these restrictions through its letter dated March 26, 2026.

Restriction Details: Timeline
Trading Window Status: Closed
Duration: Until 48 hours after results communication
Applicable To: Stock exchanges communication
Prior Notice Date: March 26, 2026

These measures ensure compliance with SEBI regulations regarding material price-sensitive information and maintain market integrity during the financial disclosure process.

Regulatory Compliance

The board meeting notification has been submitted to both major Indian stock exchanges where Delta Corp Limited shares are listed. The company maintains transparency through proper regulatory filings and adherence to disclosure requirements under Regulation 29(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Historical Stock Returns for Delta Corp

1 Day5 Days1 Month6 Months1 Year5 Years
+20.00%+33.05%+51.42%+2.81%-12.47%-47.35%

What dividend yield range might Delta Corp announce given the gaming industry's recovery trends in FY26?

How could potential regulatory changes in India's gaming sector impact Delta Corp's future expansion plans?

Will Delta Corp's FY26 results indicate a strategic shift toward online gaming platforms over traditional casino operations?

More News on Delta Corp

1 Year Returns:-12.47%