Acquiring Company
Arkade Developers Limited
Acquired Company
Woollen and Textile Industries Limited
MumbaiMumbaiReal EstateCommercial Real EstateFashionDescription
Arkade Developers Limited has acquired 100% of Woollen and Textile Industries Limited for Rs 146 crore, with the entire consideration paid, as announced on November 3, 2026. The deal secures a 14,363.60 sq. m. land parcel in Bhandup West for a proposed residential project with an estimated gross development value of Rs 1,800 crore. The transaction is structured as a share purchase rather than a direct land purchase, and it is Arkade's second acquisition in Bhandup West.
Who to call at Arkade Developers Limited, and when
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Frequently asked
Who acquired Woollen and Textile Industries Limited?
Woollen and Textile Industries Limited was acquired by Arkade Developers Limited, based in Mumbai. The deal was reported on November 3, 2026. Arkade Developers Limited is a leading real estate company based in Mumbai with a strong legacy spanning over 39 years. Founded in 1986, the company focuses on delivering premium residential and mixed-use developments. Arkade Developers Limited is privately held and operates in Real Estate.
When did Arkade Developers Limited acquire Woollen and Textile Industries Limited?
Arkade Developers Limited's acquisition of Woollen and Textile Industries Limited was reported on November 3, 2026. Arkade Developers Limited has acquired 100% of Woollen and Textile Industries Limited for Rs 146 crore, with the entire consideration paid, as announced on November 3, 2026. The deal secures a 14,363.60 sq. m. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Woollen and Textile Industries Limited do?
Woollen and Textile Industries Limited is the owner of a 14,363.60 sq. m. land parcel in Bhandup West, Mumbai. Arkade Developers acquired 100% of its shareholding to secure the site for a proposed residential project. It is privately held, operating in Fashion, and is based in Mumbai.
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