News Orders & Deals Samor Reality Limited Revises Partnership Structure for 'The Leela by Samor' ProjectSamor Reality Limited Revises Partnership Structure for 'The Leela by Samor' Project
Samor Reality Limited has restructured its partnership for 'The Leela by Samor' real estate project by inducting Swastik Landmark Projects LLP as a new partner with 25.00% stake in both capital and profit-sharing. The amendment, executed on February 18, 2026, increased Samor Reality's capital contribution ratio to 56.25% from 50.00% while reducing its profit-sharing ratio to 56.25% from 75.00%. All existing partners' ratios have been revised, with the Board authorizing Managing Director Birjukumar Ajitbhai Shah to handle transaction formalities.
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Samor Reality Limited has announced a significant restructuring of its partnership arrangement for the real estate project "The Leela by Samor" through an amendment to the partnership deed dated February 18, 2026. The amendment introduces Swastik Landmark Projects LLP as a new partner while revising the capital contribution and profit-sharing ratios among all partners.
Partnership Amendment Details
The company executed the Amendment to the Deed of Partnership on February 18, 2026, with the signed copy received on February 21, 2026. This amendment facilitates the sale and transfer of part of Samor Reality's share in the partnership to Swastik Landmark Projects LLP. The project is being undertaken through a partnership firm specifically formed for real estate development activities.
Revised Capital Contribution Structure
The amendment has resulted in significant changes to the capital contribution ratios among partners:
| Partner Name | Existing Ratio (%) | Revised Ratio (%) |
|---|---|---|
| Samor Reality Limited | 50.00 | 56.25 |
| Nitin Sureshkumar Gandhi | 26.67 | 10.00 |
| Mukeshkumar Sevantilal Surani | 10.00 | 3.75 |
| Yagnesh Sureshkumar Gandhi | 13.33 | 5.00 |
| Swastik Landmark Projects LLP | - | 25.00 |
| Total | 100.00 | 100.00 |
Profit and Loss Sharing Adjustments
The profit and loss sharing ratios have also been restructured following the partnership amendment:
| Partner Name | Existing Ratio (%) | Revised Ratio (%) |
|---|---|---|
| Samor Reality Limited | 75.00 | 56.25 |
| Nitin Sureshkumar Gandhi | 13.33 | 10.00 |
| Mukeshkumar Sevantilal Surani | 5.00 | 3.75 |
| Yagnesh Sureshkumar Gandhi | 6.67 | 5.00 |
| Swastik Landmark Projects LLP | - | 25.00 |
| Total | 100.00 | 100.00 |
Management Authorization
The Board of Directors has authorized Mr. Birjukumar Ajitbhai Shah, Managing Director of the company, to negotiate, finalize, execute and perform all necessary acts and deeds required in connection with this transaction. The disclosure has been made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This partnership restructuring represents a strategic move in the company's real estate development portfolio, with the new partner bringing additional capital and expertise to "The Leela by Samor" project.
Historical Stock Returns for Samor Reality
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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