Jambudwip Exports and Imports Limited, Shah Publication Private Limited and Shah Azam Rana entered into an agreement to acquire Sonu Buildwell Private Limited from Ansal Housing Limited for INR 4.6 million.

Jambudwip Exports and Imports Limited, Shah Publication Private Limited and Shah Azam Rana entered into an agreement to acquire Sonu Bulidwell Private Limited from Ansal Housing Limited (BSE:507828) for INR 4.6 million on January 25, 2019. As of March 31, 2018, Sonu Buildwell Private Limited reported net assets of INR 0.13 million. The transaction is expected to close on February 5, 2019.