Agi Infra has announced an extension of the payment period for its 60% stake in Worldnext Realty LLP, valued at ₹30 crore, from 31 March 2026 to 31 December 2026. This decision was approved by the company’s Board of Directors at a meeting held on 30 March 2026.
Worldnext Realty LLP, identified by LLPIN: AAX-0360, is a limited partnership firm with a fixed capital contribution of ₹10 lakh. As of 31 March 2025, the firm’s revenue was reported at ₹3.21 crore. The acquisition is part of Agi Infra‘s strategy to expand its business in the construction and real estate development sector.
The acquisition does not fall within related party transactions, and there is no promoter or promoter group interest in Worldnext Realty LLP. The acquisition is made at arm’s length, and no governmental or regulatory approvals are required for this transaction.
The consideration for the acquisition is in cash, with payments to be made through banking channels. With this acquisition, Agi Infra becomes a partner holding 60% control in the LLP.
Worldnext Realty LLP was incorporated on 15 May 2021 and is engaged in the construction of group housing projects, houses, and bungalows, primarily in Ludhiana, Punjab. Over the past three years, the LLP has reported turnovers of ₹3.21 crore in FY 2025, ₹4.83 lakh in FY 2024, and ₹11.50 crore in FY 2023.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).