Madhav Infra Projects has acquired 235,000 (94%) Equity Shares of Rs 10 each of RB Realestate (RBRPL) from its shareholders on August 31, 2020. The company already holds the stake of 15000 (6%) Equity Shares of Rs 10 each in RBRPL. The Status of RBRPL is now wholly own subsidiary company of Madhav Infra Projects. The main object of the company is to acquire RBRPL, is to make future construction or real estate activity through the Special Purpose Vehicle at the various locations.
Madhav Infra Projects operates under Madhav Group which focused on Energy, Highways, Urban Infrastructure and Real Estate industries.
