SECTOR
Crest Ventures completes acquisition of 100% paid-up share capital of Sutlej
Apr-25-2025

Crest Ventures (CVL) has completed the acquisition of 100% of the issued and paid-up share capital of Sutlej Housing (Sutlej) for a total consideration of Rs 60 lakh. Following this acquisition, Sutlej has become a Wholly Owned Subsidiary of the Company.

The primary objective of the acquisition of Sutlej is to consolidate CVL’s interest in Sutlej, a Special Purpose Vehicle (SPV) earmarked for development of proposed Real Estate Project - Crest Pantheon, located in Dadar.

Crest Ventures has been involved in the development and management of real estate projects and is developing various premium residential and commercial properties in Mumbai, Kolkata, and Chennai, as well as a township in the heart of Raipur city.

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