FilingReader Intelligence
Blackstone acquires 40% stake in Kolte-Patil Developers
August 12, 2025 at 04:50 AM UTC•By FilingReader AI
BREP Asia III India Holding Co VII Pte. Ltd. acquired 2.28 crore equity shares of Kolte-Patil Developers Limited from its promoters on August 11, 2025.
The off-market acquisition, priced at INR 329 per share, increased the acquirer's stake from 14.29% to 40% of the real estate developer's equity share capital. The acquirer is now classified as a promoter of Kolte-Patil Developers.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:KOLTEPATIL•Bombay Stock Exchange
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