JV/AcquisitionDemerger

Arkade Developers is integrating Filmistan Pvt Ltd's rental business, following NCLT sanction for the demerger.

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Arkade Developers LimitedARKADE · Filed with the exchange

This strategic move aims to unify ownership of land and leasehold rights within Arkade, streamlining operations and boosting administrative efficiency.

With Arkade's solid net worth (Rs. 883.70 Cr) and recent capital infusion (Rs. 12.61 Cr) into Filmistan, this integration sets the stage for Arkade to explore new real estate opportunities.

This step is designed to unlock value and benefit shareholders.

Read the original filing(PDF)

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