Simplex Realty has received approval for the incorporation of a wholly owned subsidiary (WOS) of the company by name ‘Simplex Dream Homes’/LLP or any other name as may be approved by the Registrar of Companies. The said WOS will be incorporated to carry on the business as builders, real estate developers and general construction contractors, for new projects and partnerships in regards to development of projects. The Board of Directors of the company at its meeting held on May 21, 2025, inter-alia, considered and approved the same.
Simplex Realty is engaged in the business of construction and property development.