Balgopal Commercial has received an approval to acquire 10,000 equity shares of Rs 10 each of Esquire Real Estate and Bio-Infocom (Esquire) from its existing shareholders, for an amount aggregating to Rs 1,00,000. Consequent to the transaction, Esquire shall become a direct wholly owned subsidiary of the Company.
The Board of Directors at its meeting held on August 09, 2024 has approved the same. Esquire is engaged in the business of construction contractors. The object of acquisition is to diversify and enhance the current business operation of the Company.
Balgopal Commercial, a diversified business entity, has great experience in managing and distributing different products in India.
