Goldman Sachs Asset Mangement International has bought 1,886 shares of Kolte-Patil Developers. Following the acquisition, Goldman Sachs’ holding (along with persons acting in concert) in the company rose to 5.002% from 4.999%. At the end of March, foreign institutional investors’ holding in Kolte-Patil stood at 10.80%.
Kolte Patil Developers is a leading Pune-based real estate company incorporated in 1991. The company has developed and constructed 48 projects including 35 residential complexes, 9 commercial complexes, and 4 information technology parks covering a saleable area (KPDL share) of over 10 million square feet across Pune and Bengaluru.
