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Sharanam Infraproject sets up subsidiary in UAE, plans to invest up to Rs 42 cr
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....haranam Infraproject sets up subsidiary in UAE, plans to invest up to Rs 42 cr<BR>PTI News<BR>Dated:- 20-6-2025<BR>PTI<BR>Mumbai, Jun 20 (PTI) Building materials and steel products supplier Sharanam I....
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....nfraproject and Trading on Friday said it has incorporated a wholly-owned subsidiary in the UAE to focus on the real estate sector. The company plans to invest around AED 18 million (around Rs 42 cro....
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....re) over the next nine months, including working capital and deal facilitation costs, in the new venture, Sharanam Infraproject said in a statement. “The subsidiary will focus on participating in t....
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....he real estate sector in the UAE, with a specific emphasis on land arbitrage transactions. The arm will acquire strategically located land parcels and subsequently resell them to larger developers or ....
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....institutional buyers at modest margins,” the company said. The expansion marks a pivotal step in the company’s broader strategy of entering global markets in a risk-managed manner and creating in....
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....cremental value for shareholders, Sharanam Infraproject said. The company is engaged in the retail business of supplying steel products and building materials. It raised around Rs 48 crore through a ....
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....rights issue in February this year to finance expansion plans and boost working capital. PTI IAS BAL<BR> News - Press release - PIB....