In a strategic move, Crest Ventures Limited has significantly strengthened its position by acquiring an additional equity stake of 10.01% in Ramayana Realtors Private Limited, effectively making it a subsidiary of Crest Ventures. This acquisition has propelled Crest Ventures to hold a commanding 50.01 per cent share of the total paid-up Equity Share capital of Ramayana Realtors Private Limited.

On Monday, the equity markets experienced panic and broader indices were down more than 3 per cent. The sell-off can be mainly attributed to Russia-Ukraine tensions. Almost all major indices across the globe were in red.