Anant Raj Acquires Remaining 25% Stake in Romano Projects Private Limited, Making It a Wholly Owned Subsidiary
Anant Raj Takes Full Control of Romano Projects Land Holdings
On April 27, 2026, the Finance and Investment Committee of Anant Raj Limited finalized the purchase of the remaining 25% equity capital of Romano Projects Private Limited. This acquisition, completed on 30 April 2026, results in Romano Projects becoming a wholly owned subsidiary of Anant Raj.
Transaction Details
Anant Raj Limited has announced the acquisition of an additional 25% stake in its subsidiary, Romano Projects Private Limited (RPPL), for a cash consideration of ₹3,58,12,500. This transaction involves the acquisition of 12,500 fully paid-up equity shares at a total consideration of Rs 3,58,12,500.
By acquiring these 12,500 shares from an existing shareholder, the company elevates its holding from 75% to 100%, effectively transitioning Romano Projects into a wholly owned subsidiary. The acquisition has been executed on an arm's length basis, supported by an independent valuation report. The transaction is a cash-based deal and is effective immediately.
Strategic Asset Consolidation
Romano Projects, which holds significant land assets in Sector 63 A, Gurugram as part of the 'Anant Raj Estate' township, now falls under the company's complete ownership. This strategic move aims to streamline decision-making and enhance managerial control over the land-owning entity.
This move marks a significant milestone in Anant Raj Limited's strategy to tighten its hold on subsidiaries and consolidate its land bank for future development.
Anant Raj's Sector 63A Presence
Anant Raj Limited is one of the most reputable real estate developers in the National Capital Region (NCR), with a legacy that spans over five decades. The group was established in 1969 with a clear vision and legacy built on the foundational principles of trust and integrity.
Situated within the existing 180-acre integrated residential township Anant Raj Estate, the project will occupy 5.43 acres of prime land in Sector 63-A, on Golf Course Extension Road, Gurugram, Haryana. Anant Raj had previously introduced "Ashok Estate," with 80–90% of the apartments selling out in the first 15 months after the opening. Anant Raj Estate, Sector-63A, Gurugram, is now home to over 200 households, and another 1,000–1,100 are presently being built.
Broader Diversification
Recently, the company has diversified into the Data Centre and Cloud Services through its wholly-owned subsidiary, Anant Raj Cloud Private Limited. Under MoU, the company will invest approximately Rs 25,000 crore, to expand its digital infrastructure (which includes data center and cloud services) in Haryana.