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AGI Infra Acquires 60% Stake in WorldNext Realty for ₹30 Crore: Strategic Expansion in Housing Development

Published: August 30, 2025 | Category: real estate news
AGI Infra Acquires 60% Stake in WorldNext Realty for ₹30 Crore: Strategic Expansion in Housing Development

AGI Infra Ltd, a prominent construction and real estate company, has announced the acquisition of a 60% stake in WorldNext Realty LLP for ₹30 crore. This strategic move, approved by the company's board on August 28, 2025, is set to be completed by March 31, 2026. The consideration will be paid in cash through banking channels, as stated in a regulatory filing.

WorldNext Realty, established in May 2025, specializes in group housing projects, houses, and bungalows. Headquartered in Ludhiana, Punjab, the firm reported a revenue of ₹3.21 crore as of March 31, 2025. Post-transaction, AGI Infra will hold majority control over the company.

This acquisition significantly strengthens AGI Infra's position in the residential construction sector, enabling the company to expand into new projects and consolidate its footprint in housing development. The move aligns with AGI Infra's broader strategy to capitalize on growth opportunities in the real estate market.

At the same board meeting, AGI Infra also announced several other corporate actions: - The 20th Annual General Meeting (AGM) will be held on September 29, 2025, at 3:30 pm IST. - Book closure dates for the AGM are fixed between September 23 and 29, 2025. - Approval of the Directors’ Report and annexures. - Appointment of Madan Lal Arora (M.L. Arora & Associates) as the scrutiniser for voting. - Approval of a material related-party transaction with AGI Construction Pvt. Ltd, subject to shareholder approval. - Adoption of a new company logo.

These corporate actions, along with the acquisition of WorldNext Realty, reflect AGI Infra's commitment to pursuing growth opportunities in the real estate sector while maintaining operational efficiency and transparency. The company aims to leverage these strategic moves to enhance its market position and deliver value to its stakeholders.

AGI Infra's strategic expansion into new housing projects through the acquisition of WorldNext Realty underscores its commitment to growth and innovation in the real estate industry. This move is expected to bolster the company's portfolio and strengthen its market presence, positioning AGI Infra for long-term success.

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Frequently Asked Questions

1. What is the value of the acquisition?
The acquisition of a 60% stake in WorldNext Realty LLP by AGI Infra Ltd is valued at ₹30 crore.
2. When will the acquisition be completed?
The acquisition is set to be completed by March 31, 2026.
3. What does WorldNext Realty specialize in?
WorldNext Realty specializes in group housing projects, houses, and bungalows.
4. What other corporate actions were announced by AGI Infra's board?
AGI Infra's board also announced the 20th AGM, book closure dates for the AGM, approval of the Directors’ Report, appointment of a scrutiniser for voting, approval of a related-party transaction, and adoption of a new company logo.
5. How will this acquisition benefit AGI Infra?
The acquisition will strengthen AGI Infra's position in residential construction, allowing it to expand into new projects and consolidate its footprint in housing development.