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.