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Created: 2025-07-18 11:20:29 UTC

Balgopal Commercial Ltd. has announced the acquisition of M/s. Lotus Realtors, a partnership firm, to expand its real estate portfolio. The acquisition involves a monetary consideration of ₹8 Crores and XXXXX sq. ft. area. The deal is expected to be completed before September 30, 2025. 🏢

- 𝗔𝗰𝗾𝘂𝗶𝘀𝗶𝘁𝗶𝗼𝗻 𝗗𝗲𝘁𝗮𝗶𝗹𝘀:
  ▪ Balgopal Commercial Ltd. will acquire M/s. Lotus Realtors. 🤝
  ▪ Consideration: ₹8 Crores and XXXXX sq. ft. area. 💰
  ▪ Target Completion Date: September 30, 2025. 🗓️
  ▪ The acquired entity, M/s. Lotus Realtors, is involved in construction and development activities. 🏗️

- 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:
  ▪ The acquisition aligns with Balgopal's strategy to grow its real estate business. 📈
  ▪ The transaction is at arm's length and in the ordinary course of business. ✅
  ▪ Lotus Realtors holds development rights for projects including Oshiwara Gokul Co-operative Housing Society Limited and Oshiwara Dhanlaxmi Co-operative Housing Society Limited. 🏘️

- 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹𝘀:
  ▪ M/s. Lotus Realtors has a capital contribution of ₹50,000. 💵
  ▪ The turnover of the partnership firm is Nil. 📉

- 𝗢𝘁𝗵𝗲𝗿 𝗗𝗲𝘁𝗮𝗶𝗹𝘀:
  ▪ The acquisition falls within related party transactions. 🚫
  ▪ No governmental or regulatory approvals are required. 📜
  ▪ Balgopal Commercial Ltd. will acquire XXX% capital of Lotus Realtors.💯

📊 BALGOPAL COMMERCIAL LTD | 🏷️ Acquisition

🌐 Details:

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XXX engagements

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**Related Topics**
[coins real estate](/topic/coins-real-estate)
[acquisition](/topic/acquisition)

[Post Link](https://x.com/wegro_app/status/1946168189152592085)