Last Mile Enterprises to acquire 51% stake in Fair Lane Realty

Last Mile Enterprises Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 526961 | NSE:

23 Feb 2024 Evaluate

Last Mile Enterprises is in the process of acquiring 51% stake of Fair Lane Realty, Mumbai engaged in the real estate development business. The company is foraying into real estate development in a major way by acquiring a majority stake of 51% initially in Fair lane Realty (with an option to go up to 100%). This will be the vehicle for future real estate projects it is contemplating to develop. The cost of acquisition is Rs 12.75 crore.

Last Mile Enterprises is currently engaged in construction and engineering business activity.

Peers

Company Name	CMP
Larsen & Toubro	3915.00
Kalpataru Projects	1435.05
NCC	141.00
Rail Vikas Nigam	205.00
KEC International	406.45
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.