NSEAcquisition30 Sept 2026 · 30 Sept 2026, 07:50 pm
Acquisition
Shriram Properties Limited · SHRIRAMPPS
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Shriram Properties Limited has informed the Exchange about Acquisition of equity shares from the partners in the ongoing joint ventures.
Analysis Scores
Earnings Impact5/10
Growth Catalyst7/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10
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Full Announcement
Shriram Properties Limited has informed the Exchange about Acquisition
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SHRIRAMPPS_30092026194943_Acquisition_Gardencity_JVs.pdf
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September 30, 2026
National Stock Exchange of India Limited BSE Limited
The Listing Department Dept of Corporate Services
Exchange Plaza, 5 Floor Plot C 1 – G Block Phiroze Jeejeebhoy Towers
Bandra-Kurla Complex, Bandra (E) Dalal Street, Fort
Mumbai 400 051 Mumbai 400 001
Scrip Code: SHRIRAMPPS Scrip Code: 543419
DSuebar: ASicrq/uMiasditaiomn, of shares of ongoing Joint Ventures
In furtherance to the disclosure made by us on May 25, 2026, with respect to the above captioned subject, we would
like to inform you that the Company has signed the de�initive documents for acquisition of equity shares from the
partners in the ongoing joint ventures namely, Shrivision Towers Private Limited, SPL Towers Private Limited,
Shriprop Living Space Private Limited and Shriprop Hitech City Private Limited.
Annexure – I
The required information in this connection pursuant to the abovementioned regulation read with SEBI Master
Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is attached as .
This intimation will also be hosted on the website of the Company at www.shriramproperties.com.
We request you to take the above information on record.
Thanking you
FRoerg aSrhdrsi ram Properties Limited
K. Ramaswamy
Company Secretary & Compliance Of�icer
ACS 28580
Shriram Properties Limited Registered office:
‘Shriram House’, No. 31, T Chowdaiah Road, Lakshmi Neela Rite Choice Centre, 1 Floor,
Sadashivanagar, Bengaluru - 560 080 #9, Bazulla Road, T. Nagar, Chennai – 600 017
P: +91-80-40229999 | F: +91-80-41236222 | W: www.shriramproperties.com
CIN No. : L72200TN2000PLC044560 Email: cs.spl@shriramproperties.com
Annexure – I
Particulars Details Details Details Details
Shriprop Living
Shrivision Towers SPL Towers Private Shriprop Hitech
Space Private
PPraiivda te Luipm iteSdh are LPiamidit ed up Share CPiatiyd P rivuapte LiSmhiaterde
LPiamidit ed up Share
Capital: Capital: Capital:
Name of the target Capital:
entity, details in brief
1. Turnove ₹r1 0a2s L akohn Turnove ₹r1 Laask h on Turnove ₹r0 .1a0s Laokhn
such as size, turnover Turnove ₹r1 Laask h on
March 31, 2026: March 31, 2026: M arch 31, 2026:
etc. March 31, 2026:
₹1,621.30 Lakh ₹35,639.63 Lakh Nil
₹25,980.11 Lakh
Whether the
acquisition would fall
within related party
transaction(s) and
whether the
promoter/ promoter
group/ group
2. companies have any No No No No
interest in the entity
being acquired? If yes,
nature of interest and
details thereof and
whether the same is
done at “arm’s
length”?
Industry to which the Real Estate Real Estate Real Estate Real Estate
3. entity being acquired development and development and development and development and
belongs construction construction construction construction
Objects and impact of
acquisition (including
but not limited to,
disclosure of reasons The acquisition is of The acquisition is of The acquisition is of The acquisition is of
for acquisition of strategic nature and strategic nature and strategic nature and strategic nature and
target entity, if its for business for business for business for business
business is outside reasons reasons reasons reasons
the main line of
business of the listed
entity)
Brief details of any
governmental or
5. regulatory approvals Not Applicable Not Applicable Not Applicable Not Applicable
required for the
acquisition
Indicative time September 30, September 30, September 30,
September 30,
6. period for completion 2026 2026 2026
2026
of the acquisition
Shriram Properties Limited Registered office:
‘Shriram House’, No. 31, T Chowdaiah Road, Lakshmi Neela Rite Choice Centre, 1 Floor,
Sadashivanagar, Bengaluru - 560 080 #9, Bazulla Road, T. Nagar, Chennai – 600 017
P: +91-80-40229999 | F: +91-80-41236222 | W: www.shriramproperties.com
CIN No. : L72200TN2000PLC044560 Email: cs.spl@shriramproperties.com
Nature of
consideration –
whether cash
7. consideration or Cash consideration Cash consideration Cash consideration Cash consideration
share swap or any
other form and
details of the same
Cost of acquisition
and/or the price at
8. ₹2,200 Lakhs ₹0.50 Lakhs ₹1,499.40 Lakhs ₹0.10 Lakhs
which the shares are
acquired
Percentage of
shareholding/control
9. acquired and/or 49% 49% 49% 50%
number of shares
acquired
The Company was The Company was The Company was The Company was
incorporated under incorporated under incorporated under incorporated under
Brief background the Companies Act, the Companies Act, the Companies Act, the Companies Act,
about the entity 1956 on July 21, 2013 on February 2013 on September 2013 on January 20,
acquired in terms of 2008, and is 12, 2016, and is 4, 2014, and is 2016, and is
products/ line of carrying on the carrying on the carrying on the carrying on the
business acquired, business of business of business of business of
date of incorporation, property property property property
10. history of last 3 years dTeuvrenloopvemre nt. (in dTeuvrenloopvemre nt. (in dTeuvrenloopvemre nt. (in dTeuvrenloopvemre nt. (in
turnover, country in Lakh) for past Lakh) for past Lakh) for past Lakh) for past
which the acquired three FY: three FY: three FY: three FY:
entity has presence
and any other FY26: FY26: FY26: FY26:
signi�icant FY25: FY25: FY25: FY25:
information (in brief) FY24: ₹1,621.30 FY24: ₹35,639.63 FY24: ₹25,980.11 FY24: Nil
₹19,739.04 ₹6,841.31 ₹12,251.54 Nil
₹12,189.59 ₹541.58 ₹74.09 Nil
Shriram Properties Limited Registered office:
‘Shriram House’, No. 31, T Chowdaiah Road, Lakshmi Neela Rite Choice Centre, 1 Floor,
Sadashivanagar, Bengaluru - 560 080 #9, Bazulla Road, T. Nagar, Chennai – 600 017
P: +91-80-40229999 | F: +91-80-41236222 | W: www.shriramproperties.com
CIN No. : L72200TN2000PLC044560 Email: cs.spl@shriramproperties.com