BSECompany Update2d ago · 18 Aug 2026, 02:47 pm
Please refer the attached Intimation.
Crest Ventures Ltd · 511413
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Crest Ventures Ltd has incorporated two wholly owned subsidiaries, 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 Ltd - 511413 - Announcement under Regulation 30 (LODR)-Acquisition
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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.