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  3. Delta Corp Subsidiary Completes 74% Stake Acquisition in Two Companies
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  • 30 Apr 2026
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 Delta Corp Subsidiary Completes 74% Stake Acquisition in Two Companies

Marvel Resorts Private Limited, wholly owned subsidiary of Delta Corp Limited, completed acquisition of 74% equity shares in Easymile Parking Solutions & Management Private Limited and Shanta Infratech Private Limited on April 30, 2026. The strategic acquisition expands Delta Corp's portfolio into parking solutions and infrastructure sectors, following proper regulatory disclosure under SEBI Listing Regulations.

Delta Corp Subsidiary Completes 74% Stake Acquisition in Two Companies

Delta corp has announced the successful completion of a strategic acquisition through its wholly owned subsidiary. Marvel Resorts Private Limited has finalized the purchase of majority stakes in two companies, marking a significant expansion of the group's business operations.

Acquisition Details

The acquisition encompasses 74% equity shares in two distinct companies, completed on April 30, 2026. This transaction represents a substantial investment in the parking solutions and infrastructure sectors.

Parameter: Details Acquiring Entity: Marvel Resorts Private Limited (MRPL) Acquisition Date: April 30, 2026 Stake Acquired: 74% equity shares in each company Target Companies: Easymile Parking Solutions & Management Private Limited, Shanta Infratech Private Limited Parent Company: Delta Corp Limited (wholly owned subsidiary)

Regulatory Compliance

The completion follows the company's earlier disclosure dated April 21, 2026, made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The announcement also references SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring full regulatory compliance.

Strategic Expansion

Through this acquisition, Marvel Resorts Private Limited has secured controlling interests in:

Easymile Parking Solutions & Management Private Limited: A company focused on parking solutions and management services

Shanta Infratech Private Limited: An infrastructure-focused entity

The 74% equity stake in both companies provides Marvel Resorts with significant operational control and strategic influence over these businesses. This move diversifies Delta Corp's portfolio beyond its traditional gaming and hospitality sectors into parking management and infrastructure development.

Corporate Structure

Marvel Resorts Private Limited operates as a wholly owned subsidiary of Delta Corp Limited, meaning this acquisition indirectly expands Delta Corp's business footprint. The completion of this transaction strengthens the group's presence in the infrastructure and parking management sectors, potentially creating new revenue streams and operational synergies.

Delta Corp Limited has filed a regulatory notice under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the newspaper advertisement for its Second 100 Days Campaign titled "Saksham Niveshak." The filing was submitted to both NSE and BSE on April 29, 2026, confirming the company's compliance with disclosure requirements for shareholder engagement initiatives.

Regulatory Filing Details

The company submitted the notice to both major stock exchanges with proper documentation. The filing includes correspondence to National Stock Exchange of India Ltd. (Symbol: DELTACORP) and BSE Ltd. (Scrip Code: 532848), ensuring comprehensive market disclosure.

Filing Parameter: Details Filing Date: April 29, 2026 Regulation: SEBI Regulation 30 NSE Symbol: DELTACORP BSE Scrip Code: 532848 Document Type: Newspaper Advertisement Notice

Campaign Timeline and Correction

The regulatory filing reveals a corrected timeline for the Second 100 Days Campaign "Saksham Niveshak," which runs from April 1, 2025 to July 9, 2026. This extended timeline differs from the previously reported duration and demonstrates the company's commitment to providing shareholders adequate time for KYC compliance.

Publication and Compliance

The newspaper advertisement was published in Active Times (English) and Mumbai Lakhwadeep (Marathi) newspapers on April 29, 2026. This bilingual approach ensures broader reach to the company's diverse shareholder base across different linguistic preferences.

Publication Details: Information English Newspaper: Active Times Marathi Newspaper: Mumbai Lakhwadeep Publication Date: April 29, 2026 Campaign Duration: April 1, 2025 to July 9, 2026

Shareholder Engagement Objectives

The campaign continues to focus on facilitating shareholder KYC updates and preventing transfer of unpaid dividends to the Investor Education and Protection Fund (IEPF). The initiative follows guidelines from IEPF Authority and Ministry of Corporate Affairs, emphasizing regulatory compliance and shareholder protection.

Corporate Governance

The notice was signed by Dilip Vaidya, Company Secretary & Vice President-Secretarial (FCS NO.7750), with digital signature authentication dated April 29, 2026. This demonstrates the company's adherence to proper corporate governance protocols and digital documentation standards.

Shareholders can access KYC forms (ISR-1, ISR-2, ISR-3, SH-13, and SH-14) from the company's website at www.deltacorp.in under the 'Investor Relations' section, while the Registrar and Share Transfer Agent, Purva Sharegistry (India) Private Limited, continues to assist with the update process.

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