QRG Investments Offloads Shares in Awfis Worth ₹21.94 Crore

QRG Investments and Holdings Limited has sold 3,67,408 shares of Awfis Space Solutions Ltd in a bulk deal, fetching an average price of ₹591.17 per share and amounting to nearly ₹21.94 crore.

QRG Investments, the investment arm of the QRG Group and a significant shareholder in Havells India, operates as a diversified NBFC. Its portfolio spans startup funding, listed equities, venture debt, structured credit, REITs/InvITs, and private businesses across healthcare, electric mobility, and pharmaceuticals.

Separately, at its Annual General Meeting (AGM), Awfis reappointed Rajesh Kharabanda as Non-Executive Director, who was retiring by rotation.

On the performance front, Awfis reported a 30% year-on-year jump in revenue from operations to ₹335 crore in Q1 FY26, compared with ₹258 crore in Q1 FY25. Net profit saw a 3.5X surge, climbing to ₹10 crore in Q1 FY26 from ₹2.8 crore in the corresponding period last year.

As of 10:40 AM, Awfis shares were trading at ₹577 apiece, giving the company a market capitalization of ₹4,131 crore.

By: Arushi Agarwal

Picture of Indian Startup Times

Indian Startup Times

Leave a Reply

Your email address will not be published. Required fields are marked *