Promoter Siddharth R Vadodaria sold 68 lakh shares of Nila Spaces Limited for ₹8.28 Cr at ₹12.18 apiece, reducing his stake from 1.73% to 0.00% via an off-market transfer. This was part of an intra-family share transfer where he and Karan R Vadodaria gifted shares to their mother, Chhayaben R Vadodaria.
A real estate developer incorporated in 2000, Nila Spaces Limited focuses on developing residential and commercial property projects across India. The company designs and executes mixed-use spaces combining residential units with commercial components tailored to urban markets. Nila Spaces operates through a diversified portfolio approach, delivering projects that serve individual homebuyers, institutional investors, and businesses seeking quality real estate opportunities in growing Indian cities.
