Anant Raj Limited announces that its wholly-owned subsidiaries, Vrittanta Real Estate Private Limited and Romano Builders Private Limited, have jointly invested in Blessed Landbase LLP. This investment results in the subsidiaries acquiring a 100% partnership interest in the LLP, which is incorporated under the LLP Act, 2008. The LLP is engaged in the business of real estate.
Subsidiary Investment
Anant Raj Limited has announced a strategic investment by its wholly-owned subsidiaries, Vrittanta Real Estate Private Limited and Romano Builders Private Limited, into Blessed Landbase LLP. This move will increase the company’s involvement in the real estate sector.
Details of the Investment
The investment involves both subsidiaries acquiring a 50% partnership interest each in Blessed Landbase LLP, resulting in a collective ownership of 100%. Blessed Landbase LLP, incorporated on July 10, 2024, under LLPIN ACI-2941, operates in the real estate business.
The total obligation of contribution is Rs. 20,000. Vrittanta Real Estate Private Limited and Romano Builders Private Limited jointly invested Rs. 20,000 (Rs. 10,000 each) to acquire 100% partnership interest in the LLP. The turnover for FY (24-25) is Nil.
Strategic Alignment
The business activities of Blessed Landbase LLP align with the main business objectives of Anant Raj Limited, reinforcing the company’s core competencies in the real estate domain. The date of incorporation of Blessed Landbase LLP is July 10, 2024.
Source: BSE
