MoneyWorks4Me

Godrej Properties to merge ‘Godrej Premium Builders’ with GPDPL

28 Jan 2015 Evaluate

Godrej Properties has received an approval for merger of one of its subsidiary company ‘Godrej Premium Builders’ with a wholly owned subsidiary ‘Godrej Projects Development’ (GPDPL), in its capacity as a shareholder, through a scheme of amalgamation, subject to the necessary approvals as may be required. The board of directors at their meeting held on January 27, 2015 has approved for the same.

Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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