Pacheli Industrial acquires majority stake in 3 entities

07 Feb 2018

Pacheli Industrial Finance (formerly known as Dhoot Industries) has acquired stake in three entities to increase its profitability. The company has acquired 90% stake in TAP Infrastructure LLP. The LLP has with it a Real Estate project situated in Andheri, Mumbai. It is a SRA project having 427 slums and the measurement of the plot is 5763 square meters.

The company has acquired 90% stake in HNS Trading LLP. The LLP has with it a real estate project situated in called The Luxor situated at Goregaon (West), Mumbai admeasuring 4557.15 square meters. It has also acquired 5,100 equity shares amounting to 51% of the total capital of Living E-Commerce, which is into trading business of sanityware and CP Fittings.

Pacheli Industrial Finance engages in financing loans and project financing activities in India. It provides loans for real estate and development activities, as well as real estate consulting services.

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