Kalyani Steels Limited (KSL) has announced the acquisition of an additional 10,000 equity shares of its subsidiary, DGM Realties Private Limited (DGM), from KSMS Technologies Solutions Private Limited (KSMS) at a price of ₹172 per share, aggregating to ₹1.72 million (17.2 Lakhs).

This transaction increases KSL's holding in DGM to 13,206,000 equity shares, representing 100% of the paid-up capital, thereby making DGM a wholly owned subsidiary of Kalyani Steels.

Previously, KSL's holding in DGM was 99.92% following earlier conversions of Fully Convertible Debentures. The acquisition was completed on January 13, 2026.

DGM Realties Private Limited operates in the real estate sector and possesses a 25-acre land parcel near the Bengaluru-Mysuru Highway Corridor, which KSL finds suitable for its marketing, business development, service, and distribution center. DGM was incorporated on January 12, 2010, and its paid-up capital as of March 31, 2025, was ₹29.76 million. Its turnover for FY 2024-25 was ₹36.01 million.

KSL has stated that the purchase of equity shares constitutes a related party transaction, as DGM and KSMS are related parties of KSL. However, the transaction was conducted on an arm's length basis. Both DGM and KSMS are entities under the common control of KSL's Promoter and Promoter Group.