Curation Team
NEW DELHI: Kolte-Patil Developers has announced multiple stake sales and exits from associate entities through its subsidiaries, as part of portfolio reorganisation.
In a stock exchange filing dated August 7, 2025, the Pune-based developer said that Kolte-Patil Lifespaces, a wholly-owned subsidiary, has exited as a partner from Amco Landmarks Realty, where it held a 36% stake. The exit, formalised via a deed of retirement on the same day, was completed for a consideration of ₹4 crore. Amco had reported other income of ₹56 lakh and a net worth of ₹2.07 crore in FY25.
Separately, on August 6, 2025, the parent company and its subsidiaries exited their holdings in three more entities:
Kolte-Patil Realtors Estate, 100% equity stake sold to Anisha Family Ventures LLP, part of the promoter group, for ₹1 lakh. The transaction was a related-party deal, undertaken at arm’s length based on an independent valuation.
Regenesis Project Management LLP, a wholly-owned subsidiary, retired as a partner, relinquishing its 35% stake, for a consideration of ₹3.10 crore. Regenesis had a net worth of ₹9.10 crore in FY25.
Ayaan Vihan Land Development, another wholly-owned subsidiary, retired as a partner, giving up its 42.5% stake for ₹25,000. The firm reported no revenue in FY25 but had a net worth of ₹10.34 crore.
