NewsOrders & DealsBalgopal Commercial Limited Acquires 100% Stake in Dreamax Estates for ₹9.51 CroresBalgopal Commercial Limited Acquires 100% Stake in Dreamax Estates for ₹9.51 Crores
Balgopal Commercial Limited announced the acquisition of 100% shareholding in Dreamax Estates Private Limited for ₹9.51 crores, approved by the Board on January 21, 2026. The acquisition includes 4.23 acres of land in Pune valued at ₹9.51 crores and 10,000 equity shares worth ₹1.00 lakh. This strategic move aligns with the company's construction and real estate business, aimed at expanding the land bank for future development projects and creating long-term value.
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Balgopal Commercial Limited has announced a strategic acquisition that will strengthen its real estate portfolio. The Board of Directors approved the acquisition of 100% shareholding in Dreamax Estates Private Limited on January 21, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Acquisition Details
The acquisition involves purchasing the entire shareholding of Dreamax Estates Private Limited (DEPL), making it a direct wholly owned subsidiary of Balgopal Commercial Limited. The transaction structure includes both equity acquisition and land assets.
| Parameter: | Details |
|---|---|
| Total Consideration: | ₹9.51 crores |
| Equity Shares: | 10,000 shares @ ₹10.00 each |
| Share Consideration: | ₹1.00 lakh |
| Land Value: | ₹9.51 crores |
| Land Area: | 4.23 acres |
| Location: | Village Waksai, Taluka Maval, District Pune |
Target Company Profile
Dreamax Estates Private Limited was incorporated on May 21, 2024, under the Companies Act, 2013. The company operates in the builder and landowner segment, holding significant land assets in Pune.
| Company Details: | Information |
|---|---|
| Authorized Capital: | ₹10.00 lakh (1,00,000 shares of ₹10.00 each) |
| Paid-up Capital: | ₹1.00 lakh (10,000 shares of ₹10.00 each) |
| Business Status: | Yet to commence operations |
| Turnover (2024-25): | Nil |
| Industry: | Builder & Landowner |
Strategic Rationale
The acquisition aligns with Balgopal Commercial's core construction and real estate activities. The company aims to leverage the acquired land bank for future real estate development projects. The land assets, situated at Gut No. 146/1, 149 and 173 in Village Waksai, provide strategic expansion opportunities.
Key benefits of the acquisition include:
- Enhanced business operations in allied real estate segment
- Expanded land bank for future development
- Improved project pipeline
- Long-term value creation potential
Transaction Structure
The acquisition qualifies as a related party transaction, as Mr. Vijay Laltaprasad Yadav, Managing Director of Balgopal Commercial Limited, serves as a Director in Dreamax Estates Private Limited. The company has confirmed that the transaction is conducted on an arm's length basis.
| Transaction Details: | Specifications |
|---|---|
| Payment Method: | Cash consideration |
| Shareholding Acquired: | 100% |
| Completion Timeline: | Before March 31, 2026 |
| Regulatory Approvals: | Not applicable |
| Related Party: | Yes (arm's length basis) |
Business Impact
The acquisition is expected to support business expansion without any material adverse impact on the company's operations or financial position. Since Dreamax Estates operates in an allied line of business, the integration should complement existing construction and real estate activities. The company anticipates that this strategic move will enhance its competitive position in the real estate development sector.
Historical Stock Returns for Balgopal Commercial
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | -1.35% | -6.67% | -12.42% | +43.18% | +5,427.87% |
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