Active Infrastructures unit forms Raghukul Shraddha Realty LLP

1 min read     Updated on 20 May 2026, 05:49 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Active Infrastructures Limited announced that its subsidiary, Achievers Ventures Private Limited, incorporated Raghukul Shraddha Realty LLP on May 18, 2026, as a joint venture with Raghukul Construction Private Limited. The new entity, established for real estate and allied activities, is now a step-down subsidiary of Active Infrastructures Limited with a 50.50% stake held by Achievers Ventures.

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Active Infrastructures Limited has informed the stock exchanges regarding the incorporation of a new Limited Liability Partnership (LLP) by its subsidiary. Achievers Ventures Private Limited, a subsidiary of Active Infrastructures Limited, incorporated Raghukul Shraddha Realty LLP on May 18, 2026. The incorporation was executed as a joint venture with Raghukul Construction Private Limited.

Joint Venture Details

The newly formed entity, Raghukul Shraddha Realty LLP, has been established to undertake real estate and allied activities. Following the incorporation, the LLP has become a subsidiary of Achievers Ventures Private Limited and a step-down subsidiary of Active Infrastructures Limited.

Ownership Structure

The partnership structure involves two primary entities, with the majority stake held by the Active Infrastructures group. The specific contribution percentages are detailed below:

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

The company confirmed that this transaction does not qualify as a related party transaction. The intimation was submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

What specific real estate projects is Raghukul Shraddha Realty LLP expected to develop, and in which geographic markets will it primarily operate?

How might this joint venture with Raghukul Construction Private Limited impact Active Infrastructures Limited's overall revenue pipeline and earnings over the next 2-3 years?

Are there plans for Active Infrastructures Limited to form additional joint ventures or expand its real estate portfolio through similar LLP structures in the near future?

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Shradha Realty Limited Completes Sale of Three Residential Apartments for Rs 57.86 Lakh

1 min read     Updated on 24 Apr 2026, 05:27 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Shradha Realty Limited executed three sale deeds on 23rd April, 2026, for residential apartments in its Abhiman Niwas project in Nagpur. The company sold three identical flats of 35.046 square meters each for Rs 19,28,800 per unit, generating total proceeds of Rs 57,86,400. All transactions were cash-based with individual buyers, and the disclosure was made in compliance with SEBI regulations.

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Shradha Realty Limited has successfully completed the sale of three residential apartments in its Abhiman Niwas project located in Nagpur. The company executed three separate sale deeds on 23rd April, 2026, generating aggregate proceeds of Rs 57,86,400 from the transaction.

Property Sale Details

The company sold three identical residential units, each with a built-up area of 35.046 square meters. All apartments are located in Tower No. 01 of the Abhiman Niwas project, situated in Mauaza Isasani, Patwari Halka No. 46, Tahsil Hingna, District Nagpur. Each unit includes a 0.211% undivided share in the project land.

Property Details: Flat A-108 Flat A-302 Flat A-401
Floor: First Floor Third Floor Fourth Floor
Built-up Area: 35.046 Sq. Mtrs 35.046 Sq. Mtrs 35.046 Sq. Mtrs
Sale Price: Rs 19,28,800 Rs 19,28,800 Rs 19,28,800
Buyers: Alka Thakre & Krunal Thakre Digendra Tembhare & Savitri Tembhare Yugesh Meshram & Madhuri Meshram

Transaction Structure

All three sales were structured as cash transactions, with each apartment sold for Rs 19,28,800. The consideration amount is inclusive of applicable taxes and duties. The buyers are individual purchasers, with each unit being acquired by couples as joint buyers.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, and SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015. The company also adhered to its internal Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information.

Company Information

Shradha Realty Limited, formerly known as Shraddha Infraprojects Limited, is incorporated under CIN L45200MH1997PLC110971. The company's registered office is located at Shraddha House, Near Shri Mohini Complex, Kingsway, Block No. SI-4, Sixth Floor, Kasturchand Park, Nagpur. The sale deed execution was overseen by Company Secretary and Compliance Officer Shrikant Huddar.

How many remaining units are unsold in the Abhiman Niwas project and what is the expected timeline for complete sellout?

Will Shradha Realty replicate this pricing strategy of Rs 55,000 per square meter for future residential projects in Nagpur?

What impact will these cash sales have on Shradha Realty's debt reduction plans and capital allocation for new project launches?

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