Radico Khaitan’s Board of Directors has approved a scheme of amalgamation involving the company and its subsidiaries, including Radico Spiritzs India Private Limited, Equibuild Realtors Private Limited, and others. This strategic move aims to streamline operations, optimize legal structure, and achieve cost savings within the group. The decision was made during a board meeting on October 29, 2025.
Amalgamation Scheme Overview
The Board of Directors of Radico Khaitan has given the green light to a scheme of amalgamation. This involves Radico Khaitan Limited (the “Transferee Company”) and its wholly-owned and step-down subsidiaries (the “Transferor Companies”). The decision was formalized during a board meeting held on October 29, 2025.
Subsidiaries Involved
The subsidiaries included in the amalgamation scheme are:
- Radico Spiritzs India Private Limited
- Equibuild Realtors Private Limited
- Compaqt Era Builders Private Limited
- Accomreal Builders Private Limited
- Firstcode Reality Private Limited
- Destihomz Buildwell Private Limited
- Proprent Era Estates Private Limited
- Binayah Builders Private Limited
Rationale for Amalgamation
The amalgamation aims to optimize the legal structure and reduce the number of legal entities within the group. This is expected to yield significant cost savings and other administrative benefits, including:
- Reduced legal and regulatory compliance complexities.
- Elimination of administrative functions and reduced record-keeping.
- Improved utilization of assets and capacities.
Financial Details of Involved Companies
The following table presents the turnover, net profit, and net worth of the companies involved as of June 30, 2025:
Company
Turnover
Net Profit
Net Worth
Radico Khaitan Limited
₹531,351.97 Million
₹13,221.62 Million
₹28,261.62 Million
Radico Spiritzs India Private Limited
–
₹32,000
(₹614,000)
Equibuild Realtors Private Limited
–
₹15,000
₹3,93,000
Compaqt Era Builders Private Limited
–
₹16,000
₹2,60,000
Accomreal Builders Private Limited
–
₹2,000
₹71,000
Firstcode Reality Private Limited
–
₹16,000
₹2,23,000
Destihomz Buildwell Private Limited
–
₹14,000
₹2,53,000
Proprent Era Estates Private Limited
–
₹17,000
₹2,56,000
Binayah Builders Private Limited
–
₹18,000
₹2,59,000
No Cash or Share Consideration
There will be no cash or share consideration involved, as the Transferor Companies are direct or step-down wholly-owned subsidiaries. All equity shares held by Radico Khaitan in the Transferor Companies will be cancelled.
No Change in Shareholding Pattern
The scheme will not result in any changes to the shareholding pattern of Radico Khaitan Limited.
Source: BSE