South Asian Enterprises has completed the acquisition of 7359 of equity shares consisting of 60.34% of Equity Capital of Chai Thela (CTPL) at the price approved by the Board involving outlay of about Rs 29 lakh. With the acquisition of aforesaid Equity, CTPL has become the subsidiary of the Company.
South Asian Enterprises engaged in the business of setting up and running amusement parks and has ventured into the real estate and films.