Vashu Bhagnani Industries' board has approved an investment of up to GBP 4.4 Million to acquire Puja Casa A Limited, UK, making it a wholly-owned subsidiary.

This UK-based entity, focused on real estate development and construction, reported total assets of GBP 9.26 Million.

The strategic move aims to streamline the group's structure, enhance operational efficiencies, and facilitate business expansion into overseas markets.

This related party transaction was approved by the Audit Committee, aligning with the company's growth strategy.