Sri Lotus Developers Incorporates Wholly Owned Subsidiary Arahan Projects
Filing Summary
Sri Lotus Developers and Realty Limited has incorporated a wholly owned subsidiary, Arahan Projects Private Limited, in India. The subsidiary was established on November 6, 2025, with an authorized and paid-up capital of INR 10,00,000. Arahan Projects will focus on real estate development, specifically residential and commercial projects. The incorporation does not involve related party transactions, and the initial investment was made through cash consideration. Arahan Projects is yet to commence operations. This strategic move aligns with Sri Lotus Developers’ expansion in the real estate sector.
Sri Lotus Developers and Realty Limited has announced the incorporation of a wholly owned subsidiary, Arahan Projects Private Limited, in India. The subsidiary was officially established on November 6, 2025, under Corporate Identification Number U68200MH2025PTC460282. This development is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows a prior communication from the company dated October 9, 2025.
The financial structure of the new subsidiary includes an authorized capital of INR 10,00,000 and a paid-up capital of INR 10,00,000. The entire capital has been subscribed through cash consideration, comprising 1,00,000 equity shares with a face value of INR 10 each. As Arahan Projects Private Limited is newly incorporated, it has not yet commenced business operations, and therefore, its turnover is currently nil.
Arahan Projects Private Limited will operate within the real estate sector, focusing on the development and redevelopment of residential and commercial projects. The incorporation of this subsidiary is intended to expand Sri Lotus Developers’ business activities within the real estate market. The initial subscription amount does not fall under related party transactions, and the promoter group has no interest in this transaction beyond the initial investment.
The incorporation of Arahan Projects does not require any governmental or regulatory approvals, and there is no indicative time period for the completion of the acquisition, as the subsidiary is already established. The transaction involves a 100% subscription to the equity share capital by Sri Lotus Developers, ensuring complete control over the new entity.
Sri Lotus Developers and Realty Limited, formerly known as AKP Holdings Limited, is focused on expanding its footprint in the real estate sector. The company aims to enhance its portfolio through strategic investments and the development of new projects. The establishment of Arahan Projects Private Limited is a step towards achieving these objectives, allowing the company to leverage new opportunities in residential and commercial real estate development.