Shriram Properties543419JV deal update
Shriram Properties signs definitive pacts to buy out JV partners in four realty SPVs for ~₹3,700 lakhs
50%Stake acquired - Shriprop Hitech City
- Target Companies
- Shrivision Towers Private Limited; SPL Towers Private Limited; Shriprop Living Space Private Limited; Shriprop Hitech City Private Limited
- Stake Acquired
- 49% each in Shrivision Towers, SPL Towers and Shriprop Living Space; 50% in Shriprop Hitech City
- Total Cash Consideration
- ₹3,700 lakhs
- Completion Timeline
- September 30, 2026
- Business Nature
- Real estate development and construction / property development
Shriram Properties signs definitive pacts to buy out JV partners in four realty SPVs for ~₹3,700 lakhs.
Earlier disclosure
Intimation date
Indicative completion
More numbers
- Cost of acquisition - Shrivision Towers₹2,200 Lakhs
- Cost of acquisition - SPL Towers₹0.50 Lakhs
- Cost of acquisition - Shriprop Living Space₹1,499.40 Lakhs
- Cost of acquisition - Shriprop Hitech City₹0.10 Lakhs
- Stake acquired - Shrivision Towers49%
- Stake acquired - SPL Towers49%
- Stake acquired - Shriprop Living Space49%
- Stake acquired - Shriprop Hitech City50%
- Turnover FY26 - SPL Towers₹35,639.63 Lakh
- Turnover FY26 - Shriprop Living Space₹25,980.11 Lakh
- Turnover FY26 - Shrivision Towers₹1,621.30 Lakh
- Consideration₹2,200 Lakhs
Source: BSE · 30 Sep 2026
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