NSEGeneral Updates2d ago · 18 Aug 2026, 02:45 pm

General Updates

Crest Ventures Limited · CREST

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Crest Ventures Limited has informed the Exchange about the incorporation of two step-down wholly owned subsidiary companies, EZY Living Nest Private Limited and EZY Living Spaces Private Limited, to undertake real estate development and allied activities.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Crest Ventures Limited has informed the Exchange about Incorporation of Step-Down Wholly Owned Subsidiary Companies

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CREST_18082026144523_SEIntimationSIGNED.pdf

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Ref: CVL/SE/2026-27 August 18, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai - 400001. Bandra (East), Mumbai - 400051. Scrip Code: 511413 & 977399 (Debt) Symbol: CREST ISIN: INE559D01011 & INE559D08032 (Debt) Series: EQ Dear Sir/Madam, Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”). Re: Intimation of Incorporation of Step-Down Wholly Owned Subsidiary Companies. With reference to the captioned subject, we would like to inform you that Crest EZY Living Private Limited (“Crest EZY”), a wholly owned subsidiary (“WOS”) of Crest Ventures Limited (“CVL”/“Company”), has incorporated 2 (two) WOS, namely, EZY Living Nest Private Limited on August 17, 2026 and EZY Living Spaces Private Limited on August 18, 2026. The detailed disclosure as required under Regulation 30 of SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“SEBI Master Circular”), is enclosed herewith as Annexure - A. We request you to take the above on record as compliance with the applicable provisions of the SEBI Listing Regulations. Thanking you, Yours faithfully, For Crest Ventures Limited Namita Bapna Company Secretary Encl: a/a Annexure – A Disclosure pursuant to Schedule III of SEBI Listing Regulations read with SEBI Master Circular Sr. Details of Events required Disclosure pertaining to EZY Living Nest Disclosure pertaining to EZY Living Spaces No. to be disclosed Private Limited Private Limited a) Name of the target entity, EZY Living Nest Private Limited (“EZY EZY Living Spaces Private Limited (“EZY details in brief such as size, Nest”) Spaces”) turnover etc. Authorized Capital: Authorized Capital: INR 15,00,000/- (Indian Rupees Fifteen Lakhs INR 15,00,000/- (Indian Rupees Fifteen Lakhs Only) Only) Subscribed Capital: Subscribed Capital: INR 10,00,000/- (Indian Rupees Ten Lakhs INR 10,00,000/- (Indian Rupees Ten Lakhs Only) Only) Size/Turnover: Size/Turnover: Not Applicable (yet to commence business Not Applicable (yet to commence business operations) operations) b) Whether the acquisition The entity has been incorporated as step- The entity has been incorporated as step-down would fall within related down wholly owned subsidiary of CVL, wholly owned subsidiary of CVL, through party transaction(s) and through Crest EZY Living Private Limited, a Crest EZY Living Private Limited, a wholly whether the promoter/ wholly owned subsidiary of CVL. owned subsidiary of CVL. promoter group/ group The Promoter/ Promoter Group/ Group The Promoter/ Promoter Group/ Group companies have any Companies have no interest in the said entity. Companies have no interest in the said entity. interest in the entity being Accordingly, the incorporation does not fall Accordingly, the incorporation does not fall acquired? If yes, nature of within the ambit of related party within the ambit of related party transaction(s). interest and details thereof transaction(s). and whether the same is done at “arm’s length”. c) Name of holding company Crest EZY Living Private Limited, a wholly Crest EZY Living Private Limited, a wholly of the incorporated owned subsidiary of CVL, is the Holding owned subsidiary of CVL, is the Holding company and relation with Company of EZY Nest. Company of EZY Spaces. the listed entity d) Industry to which the Real Estate Real Estate entity being acquired belongs. e) Objects and impact of There is no investment/ acquisition by the There is no investment/ acquisition by the acquisition (including but Company in EZY Nest. Company in EZY Spaces. not limited to, disclosure EZY Nest has been incorporated as a step- EZY Spaces has been incorporated as a step- of reasons for acquisition down wholly owned subsidiary of CVL to down wholly owned subsidiary of CVL to of target entity, if its undertake real estate development and allied undertake real estate development and allied business is outside the activities, including acquisition, development, activities, including acquisition, development, main line of business of the leasing, and operation of residential, leasing, and operation of residential, listed entity). commercial, and purpose-built rental housing commercial, and purpose-built rental housing assets such as BTR, co-living, and student assets such as BTR, co-living, and student housing. housing. The Proposed business is aligned with and The Proposed business is aligned with and forms part of the Company’s existing real forms part of the Company’s existing real estate estate business verticals and is intended to business verticals and is intended to further the further the Company’s business objectives. Company’s business objectives. f) Brief details of any Not Applicable Not Applicable governmental or regulatory approvals required for the acquisition. g) Indicative time period for Not Applicable Not Applicable completion of the acquisition. h) Consideration - whether Not Applicable Not Applicable cash consideration or share swap or any other form and details of the same. i) Cost of acquisition and/or Not Applicable Not Applicable the price at which the shares are acquired/ cost of subscription/ price at which the shares are subscribed. j) Percentage of CVL does not hold any share in EZY Nest CVL does not hold any share in EZY Spaces shareholding/ control directly. directly. acquired by the Listed Entity and/ or number of However, by virtue of CVL’s 100% However, by virtue of CVL’s 100% shares acquired/ allotted. shareholding in Crest EZY, CVL’s indirect shareholding in Crest EZY, CVL’s indirect holding in EZY Nest is 100% as on date. holding in EZY Spaces is 100% as on date k) Brief background about Background: EZY Nest is a Private Limited Background: EZY Spaces is a Private Limited the entity acquired in Company, incorporated in India on August Company, incorporated in India on August 18, terms of products/line of 17, 2026, under the provisions of the 2026, under the provisions of the Companies business acquired, date of Companies Act, 2013 bearing CIN: Act, 2013 bearing CIN: incorporation, history of U68100MH2026PTC474795, having its U68100MH2026PTC474822 having its last 3 years turnover, country in which the registered office in the State of Maharashtra, registered office in the State of Maharashtra, acquired entity has India. India. presence and any other It is a WOS of Crest EZY and step-down WOS It is a WOS of Crest EZY and step-down WOS significant information (in of CVL. of CVL. brief). Product/ Line of business: Real estate Product/ Line of business: Real estate development and allied activities. development and allied activities. History/ Turnover: Not Applicable, EZY Nest is History/ Turnover: Not Applicable, EZY Spaces yet to commence its business operations. is yet to commence its business operations.