Ajmera Realty & Infra India has acquired balance 20% Equity Stake comprising of 2,000 fully paid?up Equity Shares of Rs 10 each in Shree Yogi Realcon, the Subsidiary of the Company. Further, post acquisition the said subsidiary Company will become wholly owned subsidiary of the Company and its financials will be consolidated with the Company. The Company intends to carry on real estate projects through Shree Yogi Realcon.
Ajmera Realty & Infra India is primarily engaged in real estate development. Its real estate business caters to the mid and hi-end housing segments. It also operates in the hospitality and entertainment, which includes dome theatres, retail and malls, etc.
