Thrive Future Habitats Acquires Full Stake in 1908 E-Ventures
Filing Summary
Thrive Future Habitats Limited, formerly known as Ador Multiproducts Limited, has announced the acquisition of the remaining 47.25% stake in its subsidiary, 1908 E-Ventures Private Limited, making it a wholly owned subsidiary. This decision was approved during the board meeting on November 14, 2025. The acquisition is structured as a cash transaction, with the cost to be finalized based on a valuation report. The company also approved the disinvestment of its entire stake in Aura Flow Private Limited. These strategic moves align with the company’s focus on consolidating its operations.
Thrive Future Habitats Limited, previously known as Ador Multiproducts Limited, has announced the acquisition of the remaining 47.25% stake in its subsidiary, 1908 E-Ventures Private Limited. This acquisition was approved during the board meeting held on November 14, 2025, and results in 1908 E-Ventures becoming a wholly owned subsidiary of Thrive Future Habitats. The company also approved the disinvestment of its entire stake in Aura Flow Private Limited.
The acquisition of the remaining stake in 1908 E-Ventures is structured as a cash transaction. The cost of acquisition will be determined based on a valuation report, which will be approved by the board of directors. As of the financial year 2024-25, 1908 E-Ventures reported a net loss of Rs 252 Lacs and had no sales. The company currently holds 31,75,122 equity shares, representing 52.75% of the total shareholding in 1908 E-Ventures.
1908 E-Ventures is involved in the cosmetic manufacturing industry, focusing on consumer solutions for the personal care, cosmetics, and beauty sectors. The acquisition aligns with Thrive Future Habitats’ strategy to consolidate its operations and provide an exit opportunity for existing shareholders of 1908 E-Ventures. The company has been non-operational, prompting some shareholders to express their interest in exiting.
The board has yet to finalize the details regarding the disinvestment of Aura Flow Private Limited, which contributed NIL turnover and 1.46% of the consolidated net worth in the last financial year. The board will update on the sale agreement and other related matters in due course.
The board meeting commenced at 12:00 Noon and concluded at 2:30 P.M. The company has not disclosed any specific timeline for the completion of these transactions. No governmental or regulatory approvals are required for the acquisition of 1908 E-Ventures.
Thrive Future Habitats Limited, formerly Ador Multiproducts Limited, focuses on strategic acquisitions and divestments to streamline its business operations. The company aims to enhance its market presence in the personal care and cosmetics industry through targeted investments and restructuring efforts.