Systematix Corporate Services Ltd — Updates, 23-05-2025: Company Update
23-05-2025 | 05:03 pm
23-05-2025 | 05:03 pm
Systematix Corporate Services Limited has acquired an 80% stake in Urban Affordable Housing LLP through a capital contribution of Rs. 1.6 lakh, making it a subsidiary. Urban Affordable Housing LLP operates in real estate with plans to sponsor Alternative Investment Funds, subject to approvals. The LLP had no turnover in the last three years. This investment aims to support the LLP's working capital needs and expand Systematix’s presence in real estate and financial services. The acquisition was completed at arm’s length, with no promoter conflict beyond existing shareholding and directorship.
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