Aditya Birla Real Estate has announced the incorporation of a new wholly owned subsidiary, marking a strategic expansion in its real estate development operations. The company has established Pragataya Properties Private Limited as part of its growth strategy to strengthen its presence in the real estate sector.

Regulatory Disclosure

The company made the formal disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited, informing stakeholders about this corporate development.

Corporate Structure

The newly incorporated entity operates within a defined corporate hierarchy that enhances the company's organizational structure:

Strategic Objectives

Pragataya Properties Private Limited has been established with specific business objectives that align with the parent company's real estate development goals. The subsidiary will focus on two primary areas of operation:

• Land acquisition activities
• Development of real estate projects

This incorporation represents a structured approach to expanding the company's real estate development capabilities. The establishment of the subsidiary provides a dedicated platform for pursuing land acquisition opportunities and executing real estate development projects, potentially enhancing operational efficiency and strategic focus in these key areas.

Business Implications

The formation of Pragataya Properties Private Limited as a step-down subsidiary of Birla Estates Private Limited creates an additional layer in the corporate structure, which may facilitate specialized operations in land acquisition and project development. This organizational structure allows for focused management of real estate development activities while maintaining alignment with the broader strategic objectives of the Aditya Birla Real Estate group.

The incorporation involved cash consideration towards initial share subscription to the memorandum of association at face value, with Birla Estates Private Limited holding 100% shareholding in the new entity.

Aditya Birla Real Estate Limited has notified BSE and NSE about SEBI's announcement of a special window for re-lodgement of physical share transfers and dematerialisation. The company published public notices in leading newspapers to inform shareholders about this regulatory development.

SEBI Special Window Details

The Securities and Exchange Board of India has opened a special window from 5th February, 2026 to 4th February, 2027, allowing investors to re-lodge physical share transfer requests. This follows SEBI's earlier discontinuation of physical share transfers from 1st April, 2019.

Eligibility Criteria

The special window has specific eligibility requirements based on execution dates and certificate availability:

Exclusions and Restrictions

Certain cases will not be considered under this special window:

• Cases involving disputes between transferor and transferee
• Securities transferred to Investor Education and Protection Fund (IEPF)

Contact Information for Shareholders

Shareholders can submit necessary documents through multiple channels:

KYC Updates and Dematerialisation

The company strongly encourages shareholders holding physical shares to update their KYC details and convert to dematerialised form. This conversion offers multiple benefits and eliminates risks associated with physical share certificates.

Regulatory Compliance

The announcement was made under Regulations 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was published in Financial Express (All India Edition) and Loksatta (Mumbai Edition), with details also available on the company's website at www.adityabirlarealestate.com .