Oberoi Realty Limited — JV/Acquisition, 31-03-2025: Acquisition

Oberoi Realty Limited has announced a board meeting regarding its acquisition of redeemable preference shares, totaling 34,75,000 shares from I-Ven Realty Limited at INR 400 per share. The investment amounts to INR 278 crore, reflecting a strategic commitment to strengthen its joint venture in I-Ven, where Oberoi Realty and Mr. Vikas Oberoi hold equal stakes. This move enhances the company's investment in a venture poised for growth, potentially unlocking further value for shareholders through expanded operational capabilities.