Ratnabhumi Developers has entered into a Supplementary agreement with Raivat Projects LLP to acquire additional 15% stake in the LLP. Raivat Projects LLP happens to be an associate concern of the Company (the Company holds 35% stake in the LLP) and after acquisition, the stake of the Company in the LLP shall increase to 50%. The objective of acquisition is to create and develop opportunity based infrastructure for people.
Ratnabhumi Developers is engaged in acquiring land, carrying out construction work, developing and organizing of immovable properties etc.
