TCS to Acquire Darshita Southern India Homes for Rs 22.50 Bn
Real Estate

TCS to Acquire Darshita Southern India Homes for Rs 22.50 Bn

Tata Consultancy Services (TCS), India’s largest IT services company, is set to acquire 100 per cent equity in Darshita Southern India Happy Homes for Rs 22.50 billion. The acquisition is aimed at securing the land and building assets of Darshita to support the expansion of TCS’s delivery centre.

Darshita Southern India Happy Homes was incorporated in September 2004 and focuses on developing commercial properties intended for lease to industrial consumers. As the property remains under development, it has not yet generated any revenue over the past three years. TCS has the option to acquire full ownership of the entity after two years.

Earlier, in January 2025, TCS completed the acquisition of two wholly owned subsidiaries of Tata Realty and Infrastructure (TRIL)—TRIL Bengaluru Real Estate Five and TRIL Bengaluru Real Estate Six—for Rs 16.25 billion. The deal was finalised towards the end of January, following the execution of a Share Purchase and Securities Purchase Agreement (SSPA) between TCS, TRIL, and the concerned entities.

Under the terms of the agreement, 65 per cent of the equity shares and optionally redeemable convertible debentures were transferred to TCS in the first tranche, establishing these entities as subsidiaries of the company. The acquisition aligns with TCS’s broader strategy of expanding its infrastructure to support its growing business operations.

News source: Business Standard

Tata Consultancy Services (TCS), India’s largest IT services company, is set to acquire 100 per cent equity in Darshita Southern India Happy Homes for Rs 22.50 billion. The acquisition is aimed at securing the land and building assets of Darshita to support the expansion of TCS’s delivery centre. Darshita Southern India Happy Homes was incorporated in September 2004 and focuses on developing commercial properties intended for lease to industrial consumers. As the property remains under development, it has not yet generated any revenue over the past three years. TCS has the option to acquire full ownership of the entity after two years. Earlier, in January 2025, TCS completed the acquisition of two wholly owned subsidiaries of Tata Realty and Infrastructure (TRIL)—TRIL Bengaluru Real Estate Five and TRIL Bengaluru Real Estate Six—for Rs 16.25 billion. The deal was finalised towards the end of January, following the execution of a Share Purchase and Securities Purchase Agreement (SSPA) between TCS, TRIL, and the concerned entities. Under the terms of the agreement, 65 per cent of the equity shares and optionally redeemable convertible debentures were transferred to TCS in the first tranche, establishing these entities as subsidiaries of the company. The acquisition aligns with TCS’s broader strategy of expanding its infrastructure to support its growing business operations. News source: Business Standard

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle’. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India — from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans’ long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Next Story
Infrastructure Urban

Mphasis Partners with Sixfold to Revolutionize Insurance Underwriting with AI

Mphasis, a leading provider of cloud and cognitive technology solutions, today announced a strategic partnership with Sixfold, a US and UK-based artificial intelligence (AI) underwriting company, to enhance and streamline insurance underwriting processes. As a certified implementation partner, Mphasis will integrate Sixfold’s AI-powered platform to help insurers significantly accelerate submission intake, improve risk assessment accuracy, and reduce underwriting turnaround times. The solution, already in production at several leading carriers, is designed for Life & Disability, Comm..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?