ALPHA TRIBE

Balgopal Commercial LtdImportant, 21-01-2026: Company Update

21-01-2026 | 01:10 pm

Balgopal Commercial's Board has approved acquiring 100% shareholding of Dreamax Estates Private Limited (DEPL), making it a wholly-owned subsidiary. DEPL, an early-stage company, holds approximately 4.23 acres of land in Pune, valued at ₹9.51 crore. The total cash consideration for this acquisition is ₹9.52 crore. This strategic move aims to enhance Balgopal Commercial's real estate operations by leveraging DEPL's land bank for future development. The acquisition supports business expansion, improves the project pipeline, and is expected to create long-term value for shareholders.

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