JV/AcquisitionAmalgamation/Merger
Transindia Real Estate's Board has approved the merger of its wholly-owned subsidiary, Madanahatti Logistics and Industrial Parks.
Transindia Real Estate LimitedTREL · Filed with the exchange
This strategic move aims for greater integration, financial strength, and cost savings by streamlining operations and optimizing cash flow.
Madanahatti, with a turnover of ₹2.36 Cr and net worth of ₹40.31 Cr (as of March 31, 2025), will merge into Transindia (turnover ₹54.85 Cr, net worth ₹424.22 Cr). No new shares will be issued, ensuring no change in Transindia's shareholding pattern.
The merger is pending court and other necessary approvals.
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