V R Infraspace Limited
The company is into real estate market In Vadodara in both residential and commercial projects.
What V files
- Important49
- Others46
- Results8
- Board Meeting6
- New Orders2
- JV/Acquisition2
V R Infraspace completed acquiring a 10% stake in Daxon Realty, increasing its total holding to 66%. Daxon Realty, involved in property development, reported a turnover of 41.09 Cr for FY26. This strategic move aims for enhanced operational oversight and integration.
V R Infraspace completed acquiring an additional 5% stake in Daxon Realty, its subsidiary, now holding 56%. This move enhances operational oversight and strategic integration. Daxon's FY26 turnover was 41.09 Cr, and FY25 was 22.13 Cr.
V R INFRASPACE, as an NSE EMERGE listed entity, is exempt from certain corporate governance compliance requirements for the quarter. This aligns with SME listing norms, reducing regulatory overhead.
V R Infraspace extended the timeline for acquiring up to 20% equity in subsidiary Daxon Realty. The completion is delayed due to pending conditions precedent. All other terms remain unchanged.
V R Infraspace's subsidiary, Tradio Exim, completed the 51% acquisition of Premdhara Agro India, a food business with 6 Cr authorized capital and FY26 turnover of 52.62 Cr. This strategic move aims to expand and strengthen the rice segment, enhancing market reach.