Thrive Future acquires 12.59% stake in 1908 E-Ventures
Thrive Future Habitats Limited is proceeding with the acquisition of a 30.31% stake in its subsidiary, 1908 E-Ventures Private Limited, for a total consideration of ₹18,249.07. The company has recently credited 7,57,578 equity shares, representing 12.59% of the paid-up capital, acquired from Srinivas Padmanabha Sapalya for ₹7,575.78. With 15,18,738 shares already credited, the remaining shares are expected to be credited by December 31, 2026, to make the subsidiary wholly owned. 1908 E-Ventures reported a turnover of Nil and a net loss of (252.42) lakhs for FY25.

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Thrive Future Habitats Limited has acquired an additional 12.59% equity stake in its subsidiary, 1908 E-Ventures Private Limited, for a cash consideration of ₹7,575.78. The board of directors of 1908 E-Ventures approved the transfer of 7,57,578 equity shares on May 13, 2026, which have now been credited to the company's demat account. This transaction is part of a larger strategy to acquire a total 30.31% stake in the subsidiary for ₹18,249.07, aiming to make it a wholly owned subsidiary to ensure effective management control and operational integration.
Acquisition Progress
The company disclosed that out of the total targeted 18,24,907 equity shares, 15,18,738 shares have been credited to its demat account so far. The remaining shares are expected to be credited within the timeline of December 31, 2026. The acquisition is being conducted via cash consideration and does not qualify as a related party transaction for the specific shares acquired from Srinivas Padmanabha Sapalya.
Share Transfer Details
The recent acquisition of 7,57,578 shares was sourced from a single transferor. The breakdown of the credited shares is as follows:
| Name of Transferors | No. of Shares | Percentage |
|---|---|---|
| Srinivas Padmanabha Sapalya | 7,57,578 | 12.59% |
| Total | 7,57,578 | 12.59% |
Financial Performance
1908 E-Ventures Private Limited, incorporated on August 8, 2015, operates in the e-commerce and online retail sector. For the financial year ended March 31, 2025, the entity reported a turnover of Nil and a net loss of (252.42) lakhs. The turnover for the previous financial years was ₹157.62 lakhs in 2023-24 and ₹642.96 lakhs in 2022-23.
Historical Stock Returns for Thrive Future Habitats
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.05% | -7.76% | -18.53% | -8.81% | +34.85% | +6.35% |
How does Thrive Future Habitats plan to turn around the declining financial performance of 1908 E-Ventures?
What specific operational synergies does the parent company expect to achieve once the subsidiary becomes wholly owned?
Will the cash outlay for the remaining stake impact the liquidity or capital expenditure plans of the parent company?


































