Orbit Corporation may acquire Mazda Construction Company

24 Feb 2012

Orbit Corporation is considering a proposal whereby it may acquire Mazda Construction Company. The board will meet on February 28, 2012 to consider, discuss and transact the business.

Orbit Corporation pursues redevelopment opportunities in the Island city of Mumbai. The company has developed properties spanning over 1.5 million square feet worth several hundred crore, in the prime areas of south Mumbai like Babulnath, Tardeo, Worli, Prabhadevi, Gamdevi.

Related Orbit Corporation Ltd. Links:
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Peers
Company Name CMP
Dilip Buildcon 669.40
NBCC (India) 50.85
Sobha 461.25
JMC Projects (India) 78.50
Prestige Estate Proj 294.90
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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