Modis Navnirman Completes Landmark Merger with Shree Modis, Bolstering Real Estate Leadership
Mumbai, India, October 20, 2025: Modis Navnirman Limited (BSE: 543539) announces the successful completion of its fast-track merger with Shree Modis Navnirman Private Limited, marking a significant milestone in the company's growth and positioning it as a leader in Mumbai's real estate redevelopment sector.
Real EstateMergerModis NavnirmanShree ModisMumbaiReal Estate MumbaiOct 20, 2025
This strategic merger marks a significant milestone in the Company’s growth journey, as it becomes India’s second fast track merger and the first listed fast track merger in the real estate segment in Mumbai. The merger has been approved by over 90% of the shareholders, reflecting the strong confidence and support of investors in the Company’s vision and future prospects.
The consolidation of both entities is expected to strengthen Modis Navnirman’s balance sheet, enhance operational efficiencies, and streamline business processes. The merger will also enable better resource utilization, cost synergies, and improved shareholder value creation while reinforcing the Company’s leadership position in the redevelopment real estate space.
Management Comment:
Commenting on this development, Mr. Mahek Modi, Whole Time Director and Chief Financial Officer, Modis Navnirman Limited, said:
“‘The successful completion of this merger marks a historic moment for Modis Navnirman. With this strategic consolidation, we are better positioned to accelerate our growth and strengthen our foothold in Mumbai’s dynamic real estate market. Being India’s second listed merger and the first in the city’s real estate sector, this milestone reflects our commitment to transparent governance, strategic foresight, and value creation for all stakeholders. We thank our shareholders for their overwhelming support and trust in our vision.’”
Modis Navnirman Limited is a leading real estate developer in Mumbai, known for its innovative and sustainable redevelopment projects. The company has a strong track record of delivering high-quality residential and commercial properties, and this merger is expected to further enhance its capabilities and market position.
For more information about Modis Navnirman Limited, visit their official website or contact their investor relations department.
Frequently Asked Questions
What is the significance of the merger for Modis Navnirman Limited?
The merger with Shree Modis Navnirman Private Limited is significant as it strengthens Modis Navnirman’s balance sheet, enhances operational efficiencies, and streamlines business processes. It also enables better resource utilization, cost synergies, and improved shareholder value creation, reinforcing the company’s leadership in the real estate redevelopment space.
How was the merger approved?
The merger was approved by over 90% of the shareholders, reflecting strong confidence and support from investors in Modis Navnirman's vision and future prospects.
What does the merger mean for shareholders?
The merger is expected to improve shareholder value creation through enhanced operational efficiencies, cost synergies, and a stronger balance sheet. It also positions Modis Navnirman for accelerated growth in Mumbai’s dynamic real estate market.
What is the role of Mr. Mahek Modi in this merger?
Mr. Mahek Modi, the Whole Time Director and Chief Financial Officer of Modis Navnirman Limited, played a crucial role in the successful completion of the merger. He commented on the merger, emphasizing its strategic importance and the company's commitment to transparent governance and value creation for stakeholders.
What are the future plans of Modis Navnirman after the merger?
Post-merger, Modis Navnirman plans to accelerate its growth, strengthen its market position, and continue delivering high-quality redevelopment projects. The company aims to leverage the enhanced capabilities and resources from the merger to further innovate and expand in Mumbai’s real estate sector.
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