Nila Spaces Limited — JV/Acquisition, 05-05-2025: Acquisition

Nila Spaces has announced a board meeting to approve the financial results for the quarter and half-year. It has acquired 380 compulsorily convertible preference shares in Smarter Dharma Sustainable Solutions Pvt Ltd for INR 84.85 lakh, gaining a 2.32% equity stake post-conversion. Smarter Dharma’s SaaS platform for sustainable design automation boosts Nila Spaces’ tech edge in green construction, supporting its push into innovative, eco-friendly real estate solutions and strengthening its growth outlook in sustainable building.