Avishkar Infra Real

Avishkar Infra Realty received a public announcement for an open offer of up to 58,24,853 equity shares representing 26% of its voting capital at Rs23 per share in cash, aggregating about Rs13.40 crore, from Nalin Ramaniklal Shah and ten persons acting in concert. The offer was linked to a share purchase agreement dated 14 October 2026 to acquire 22,88,838 shares representing 10.22% from promoter Kapil Jeetendra Kothari at Rs17.84 per share, and to 60,00,000 shares the concert parties had taken through a preferential allotment, with the Rs23 price stated to include 10% annual interest from 13 February 2024 to 6 January 2027. The preferential allotment of 2,00,00,000 shares at Rs10 in May 2024 had taken paid-up capital to 2,24,03,280 shares. A separate open offer for the same 58,24,853 shares at Rs16.00, later revised to Rs16.20, was made by Niraj Sanghavi and associates with a tender period from 23 December 2025 to 6 January 2026. The company reported consolidated total income of about Rs1.90 crore in the year to March 2026 with nil revenue from operations and a loss of about Rs2.35 crore. Consolidated work in progress stood at about Rs60.42 crore at 31 March 2026.

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June 30 (Reuters) - Avishkar Infra Realty Ltd AVIS.BO:

• TO CONSIDER INCREASING STAKE IN SHRADDHA MANGALSMRUTI LLP FROM 10% TO 50%

Source text: ID:nBSE6Z0hkL

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March 26 (Reuters) - Avishkar Infra Realty Ltd AVIS.BO:

• AVISHKAR INFRA REALTY - APPROVES INVESTMENT IN JIGNA DEVELOPMENT CORP BY ACQUIRING 50% STAKE

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Jan 12 (Reuters) - Joy Realty Ltd JOYR.BO:

• JOY REALTY LTD - RESIGNATION OF BHAVIN JAYANT SONI AS MANAGING DIRECTOR

Source text for Eikon: ID:nBSE8y3c2x

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Nov 10 (Reuters) - Joy Realty Ltd JOYR.BO:

• NAMED POOJAN KEYURBHAI MEHTA AS CHIEF FINANCIAL OFFICER

Source text for Eikon: ID:nBSE7vh3Cg

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Aug 3 (Reuters) - Joy Realty Ltd JOYR.BO:

• CFO AVINASH JADHAV RESIGNS

Source text for Eikon: ID:nBSE1HWc8f

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