NSEGeneral Updates5 Oct 2026 · 5 Oct 2026, 07:21 pm

General Updates

DS Kulkarni Developers Limited · DSKULKARNI

✦ AI Summary▲ PositiveM&A

DS Kulkarni Developers Limited has acquired 100% equity stake in Westpole Spaces Private Limited, a real estate company, for Rs. 10,000. The acquisition is expected to lead to business expansion and growth.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

DS Kulkarni Developers Limited has informed the Exchange about Acquisition of 100% Equity Stake in Westpole Spaces Private Limited

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DSKULKARNI_05102026192109_DSK_Acquisition_NSE.pdf

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Date: October 05, 2026 BSE Limited, The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (E), Mumbai – 400051 Reference: Scrip Code: 523890; ISIN: INE891A01022; Security Symbol: DSKULKARNI Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Acquisition of 100% equity stake of M/s. Westpole Spaces Private Limited. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that D S Kulkarni Developers Limited (the “Company”), today, i.e., October 05, 2026, has acquired 100% of the equity share capital of M/s. Westpole Spaces Private Limited (“Westpole”), having its registered office in Pune, Maharashtra. Consequent upon the aforesaid acquisition, Westpole Spaces Private Limited has become a Wholly Owned Subsidiary of the Company with effect from October 05, 2026. The details pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure - I. This disclosure will also be hosted on Company's website viz www.dskcirp.com For your information and record. Thanking you, Yours faithfully, For, D S Kulkarni Developers Limited Bhushan Vilas Palresha Managing Director DIN: 01258918 Encl: As stated above ANNEXURE I a) Details with respect to proposed acquisition of M/s. Westpole Spaces Private Limited S.No. Particulars Details a) Name of the target entity, details in brief such Name of the Target Company: Westpole as size, turnover etc. Spaces Private Limited (‘Westpole’) CIN: U68200PN2026PTC254667 Paid-up Capital: Rs. 10,000/- Turnover: NIL b) Whether the acquisition would fall within The proposed transaction is not a related related party transaction(s) and whether the party transaction. promoter/ promoter group/ group companies have any interest in the entity being acquired? Promoter, promoter group and group If yes, nature of interest and details thereof and companies do not have any interest in whether the same is done at “arm’s length”; proposed transaction. c) Industry to which the entity being acquired Real Estate belongs; d) Objects and impact of acquisition (including but The acquisition of Westpole will lead to not limited to, disclosure of reasons for business expansion and growth, as the acquisition of target entity, if its business is objects of both companies aligns. outside the main line of business of the listed entity); e) Brief details of any governmental or regulatory No governmental or regulatory approvals approvals required for the acquisition; are required for the acquisition of shares in Westpole. f) Indicative time period for completion of the 1 Month acquisition; g) Consideration - whether cash consideration or Cash Consideration share swap or any other form and details of the same; h) Cost of acquisition and/or the price at which the Rs. 10,000/- shares are acquired; i) Percentage of shareholding / control acquired 100% and / or number of shares acquired; j) Brief background about the entity acquired in Brief Background: Westpole was terms of products/line of business acquired, incorporated on 19/04/2026 having it’s date of incorporation, history of last 3 years registered office at Sr. No. 153/17, Office, turnover, country in which the acquired entity 1401, Opp TipTop Hotel, Wakad, Pune, has presence and any other significant Maharashtra, India, 411057 and has not information (in brief); commenced it’s business operations yet. Date of Incorporation: 19/04/2026 Country: India History of last 3 years turnover: Since the company is newly incorporated turnover of last 3 years is not applicable.